Home » Egyptian business mogul Hassan Allam’s company to invest in Uzbekistan

Egyptian business mogul Hassan Allam’s company to invest in Uzbekistan

by Yusuf Abdulfatai
Hassan Allam

Hassan Allam Holding, the privately held engineering and construction firm under the leadership of Egyptian businessman Hassan Allam, has sealed a landmark agreement with the Government of Uzbekistan to collaborate on a series of projects in the country.

The agreement was unveiled following a meeting between Hassan Allam Holding Managing Director Mahmoud El Essawy and Uzbek Investments, Industry, and Trade Minister Laziz Kudratov. This paves the way for cooperative efforts across multiple sectors, including energy, water supply, metal production, and chemical products.

The central focus of the discussions was to identify investment opportunities and harness the extensive practical expertise of Hassan Allam Holding to execute pivotal projects within Uzbekistan’s critical economic sectors.

As a result of these deliberations, both parties have committed to formalizing a shared roadmap for implementing investment initiatives. Additionally, plans have been set into motion for the CEO of Hassan Allam Holding to visit Uzbekistan, marking the beginning of practical endeavors aligned with the agreed-upon objectives.

Hassan Allam Holding boasts an impeccable reputation in the engineering, procurement, construction, building materials, and utilities industries. With more than eight decades of experience, it is one of the largest privately held corporations in North Africa and the Middle East.

Led by visionary businessman Hassan Allam and his brother Amr Allam, the company has accrued a wealth of experience and expertise, exhibiting remarkable growth and a robust project execution record across various sectors, including residential, commercial, industrial, and infrastructure.

With a construction backlog exceeding $3 billion, Hassan Allam Holding has solidified its position as a major industry player, continually contributing to the region’s economic development through the successful delivery of large-scale projects.

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