TASHKENT, Uzbekistan, August 31. Hassan Allam
Holding, Egypt’s construction company, has reached an agreement
with the Government of Uzbekistan on participation in joint
projects, Trend
reports.
The issue was discussed at the meeting between Hassan Allam
Holding Managing Director Mahmoud El Essawy and Minister of
Investments, Industry, and Trade of Uzbekistan Laziz Kudratov.
The sides have discussed the prospects for cooperation in the
fields of energy, water supply, and the production of metal and
chemical products. The focus was on the prospects of attracting
investments and utilizing the company’s practical experience for
joint project implementation in key sectors of our country’s
economy.
As a result of the meeting, an agreement was reached on signing
a joint roadmap for implementing investment projects and organizing
a visit of the company’s CEO to Uzbekistan to initiate practical
work on implementing the agreed-upon points.
Hassan Allam Holding, founded in 1936, is one of the largest
financial-industrial corporations in Egypt. Over the past 5 years,
they have successfully completed 70 projects in the Middle East and
Africa. According to Forbes, the company is listed among the top
100 best Arab family businesses. Their assets amount to $8 billion,
and they have 45,000 employees.
