This achievement aligns with the company's strategy to expand into the Iraqi market and strengthen its presence in regional infrastructure and energy projects. It also supports the Ministry of Public Business Sector's strategy to develop and expand the operations of its contracting companies in foreign markets.
The bidding and awarding stages saw strong competition among
several local and international companies. However, the consortium formed by Hassan
Allam in cooperation with Sama Al Basra company won the project due to El Nasr
Contracting’s specialized technical expertise and proven track record in
executing major projects both within and outside Egypt. The company
successfully met all technical requirements and standards, reinforcing its
status as a trusted partner for implementing major projects in Iraq in the
coming period.
In this context, Engineer Mohamed Shimi, Minister of Public
Business Sector, asserted that this project underscores the efficiency,
expertise, and competitive capabilities of the Ministry’s affiliated companies
in regional and international markets.
He noted that this success represents an important step toward strengthening the Egyptian presence in regional development and infrastructure projects. It opens new horizons for national companies to expand internationally and actively participate in major projects that contribute to supporting the national economy.