Investment, Planning Ministries create action plan to repair, develop public construction companies

Prime Minister Ibrahim Mehleb has tasked Planning Minister Ashraf El-Araby and Investment Minister Ashraf Salman to oversee a joint action plan’s implementation to reform and develop public construction companies, according to cabinet spokesperson Hossam EAl-Kawish.

El-Kawish said the plan is aimed at raising the efficiency of public sector construction companies, and that the plan will reform the financial, administrative and technical structure of those companies. This means they will be able to implement all projects planned for the current phase to the highest quality and efficiency.

The government owns several construction companies which represent its investment tools for the implementation of the infrastructure investment plan. However, they need to be reformed and developed, with the Arab Contractors Company and Hassan Allam as two of those companies.