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The Egyptian authorities have again awarded Hassan Allam Holding a contract to build new facilities to pump Nile water from Mostakbal Misr, Afrik 21 reported.
This comes a month after Egypt awarded the company a $220-million infrastructural deal to construct two stations and four bridges as part of a high-speed train project.
The latest project aims to restore agricultural land in New Valley by pumping 7 million cubic meters of water into the area.
The deal further includes the construction of 10 tunnel crossings under El Khatatba, Manshiat El Kanater, El Riiah El Behairy Canal, El-Manashy Railway and El Riiah El Nassery Canal.
According to Hassan Allam Holding, the “new project is part of Egypt’s ambitious plans to cultivate and reclaim large tracts of land in the New Delta region of Egypt’s Western Desert to expand the country’s agricultural footprint.”
Earlier, its subsidiary, Hassan Allam Construction, was awarded a contract to build a water intake on the Nile at Mostakbal Misr.
In August, the Egyptian government awarded Hassan Allam Construction a deal to build irrigation networks in Toshka in the New Valley Governorate. The deal involved laying 265 kilometers of irrigation networks to water crops for smallholder farmers in the region.
The company is one of the largest privately owned corporations in Egypt, the Middle East and North Africa, with more than 80 years of experience.
Hassan Allam leads the conglomerate as its co-CEO.
The company has over 15 subsidiaries operating under three divisions — engineering and construction, engineering and construction, and alternative energy and utilities.
