Egypt's Arab Contractors eyes $57.2mln business volume in Africa

Egypt’s Arab Contractors is looking to raise its Africa business volume to EGP 1 billion ($57.2 million) within 2019, head of African sector in the firm said.

This is part of the company’s plan to compete for executing various infrastructure projects in some of the African states, Amwal Al Ghad reported, citing Ibrahim Mabrouk.

“We are currently studying the establishment of two road flagships in Tanzania and Côte d’Ivoire,” Mabrouk said.