Eng. Ashraf Abdel Hakam, GM of the company, said that CONSTEC aims to sign new contracts worth 500 MEGP during the next fiscal year, for private and public sectors, and to participate in a number of tenders seeking new projects.
Eng. Ashraf Abd El Hakam explained that the company is negotiating with real estate companies to execute new projects with a Contract volume of up to 150 million pounds. These contracts are expected to be announced upon finalization and the implementation will begin in the fourth quarter of this year.
He added that the company is always seeking to develop and renew the machines and equipment fleets as well as the development of the work system that enables the company to execute this work volume. In addition to that the use of the latest modeling programs, which use the three, four and five dimensions allowing the achievement of more accuracy and enhancing the collection of project information and representation.