Urban mutation forces contracting companies to expand and enhance business

  • Time:Jan 28
  • Written : smartwearsonline
  • Category:Smart clothes

Local contracting companies went to enhance their activities and add new types of construction experiences with the aim of facing the urban boom in Egypt, which has been characterized by several years by offering innovative and new types of projects, whether national or affiliated with the private sector, which actually appeared in the creation of tall towers and transport projects.

Al -Mal contacted a group of contractors of contracting companies to talk about the sector in light of the recent boom in the market, after the launch and construction of new societies and cities, in addition to investing in infrastructure from roads, bridges and tunnels;The patterns of contracting business developed, to keep pace with the new in the real estate sector, and to provide facilities and overcome the obstacles that the developers may face in light of the developments and changes that have occurred on the real estate market.

Some specialists and experts in contracting work and construction agreed on the development of this sector in terms of creating new means and equipment, the development of companies' methods in terms of the technical or administrative structure, and the creation of new mechanisms and methods according to the specifications of international quality, which was reflected in building designs and their implementation methods.

They emphasized that the previous expansions of local companies are enough to cover the urban boom in Egypt, and have strengthened their competitiveness to penetrate external markets and implement projects in the countries of reconstruction or the Gulf and Africa.

First of all, Shams El Din Youssef, a member of the Board of Directors of the Egyptian Federation for Construction and Building Contractors, a member of the Compensation Committee, and Chairman of the Board of Directors of Al -Shams Contracting Company, said that the contracting sector in Egypt has witnessed a great development during the past years in terms of the creation of new methods by companies implementing national projects,The development was reflected on the administrative and technical structure to suit the size of the large projects that it implement.

He explained that this development in the sector and implementation patterns despite the rapid change in the prices of raw materials and the performance of performance in the support bodies, was reflected directly on the contracting companies that benefited from this, where the financial and technical facilities.

He added that the process of developing the contracting sector came in line with the requirements of available projects, for example, road projects and their implementation specifications imposed on contracting companies to update equipment and management methods, and infrastructure projects that imposed on companies to update the equipment used.

He pointed to the remarkable development in the contracting market, especially for the companies to which implementation work was assigned to major national projects, which were reflected in it in terms of the volume of business, machines, equipment and new methods.

He stated that the Egyptian state suffered for 30 years from a collapse in the infrastructure, which makes contractors currently do not aspire to compete for the interest in the interest of the country first, because the economic return is more important, pointing out that the construction sector in general has a strong return on the economy in terms of operating material factoriesBuilding and operating a large sector of employment, which reduces unemployment rates and reduces poverty rates.‎

اقرأ أيضا7 شركات عقارية تتنافس للحصول على قطعة أرض في حدائق أكتوبر

Youssef: The direct chain of transmission confirms the strength of adults with reputation and good financial solvency, but it affects the young

He added that the weak performance of some small companies is due to the procedures for offering projects in the stereotype, which takes a long time that may exceed the time taken to implement the project itself, and given the state adopting the rapid approach to following the mechanism of implementing projects, the authorities resorted to implementing projects through direct support, so onThe authority is only the choice of companies with a good reputation, global financial ability and predecessors of distinguished business, and therefore this mechanism is only estimated by major companies with high financial solvency, and this explains the suffering of small companies, and this is a problem facing small companies in this sector despite the introduction of their history in the field.

On the other hand, Eng. Ayman Al -Khamisy, Executive Director of Ruqmu Construction and Building Company, one of the Sky Holding Group companies operating in the fields of contracting and industry, said that the contracting market in Egypt has developed a remarkable development at all levels and the classification of contracting companies, pointing out that the largest private sector companiesShe has its own factories, tools and equipment specialized in new works that were not available before, such as tunnels.

He pointed out that in the past, the government companies that owned these tools were, while currently we find private sector companies that carry out construction and construction work for major projects such as the Ismailia Tunnels Project, which has become owned by Egyptian companies and agencies.

He pointed to the use of foreign experts in the past and the necessary equipment for many projects, while this has not happened in Egypt, especially since the five major contracting companies have become competing with major international companies, which confirms the development of the contracting sector in Egypt during the past seven years.

He stressed the importance of the company's keenness to distinguish their workforce, and train them continuousDevelopment in this market.

الطفرة العمرانية تجبر شركات المقاولات على التوسع وتعزيز الأعمال

The diversity in the contracting market is currently affirmed, and the diversity of projects, which are no longer limited to housing projects only, but there is a diversity in projects to include alongside the urban state projects investment projects in infrastructure such as bridges, tunnels and roads, in addition to the large commercial malls.

Al -Khamisi: Innovation is no longer limited to the quality of the proposals and extended to the implementation patterns

"Al -Khamisi" added that the diversity in the contracting market is currently not only limited to the quality of projects, but also includes new and different patterns of implementation, pointing to the initiative of a decent life project and the complexes of the homes, where keenness to establish human homes is suitable for living in them.

اقرأ أيضا«العاصمة الإدارية» تنتهى من تنفيذ شبكات الفايبر وإتاحة خدمات الاتصالات بالحى الحكومى

Some entities resorted to adding industrial arms to provide raw materials or penetration of real estate development

On the level of keeping pace with the development in the diversity of contracting patterns, he pointed out that the creation appeared through the use of new materials and equipment, pointing to the construction of hospitals, for example, according to international codes in terms of the colors of paints and materials used in the paint that have become clean and bacterial resistance, thusHe stressed the need to keep pace with the companies of these equipment and tools used to keep pace with development and in order to survive and competitiveness in the market.

He believes that the developers are currently not allowed only to implement through Egyptian and international specifications, pointing out that this was only happening in strategic projects during the past years..

He referred to safe implementation methods, which companies are currently keen to maintain the field workers, whether by linking belts during work, or wearing custom clothes, and these are things that we were missing in in the past years..

He pointed to the excellence in the destinations and designs of the towers in the administrative capital and the new city of El Alamein, and thus "Al -Khamisi" believes that the construction sector in Egypt is currently witnessing a new boom, with a positive impact, in terms of launching new cities and changing the shape of the republic, investing in infrastructure, and projectsMultiple urbanism.

He pointed out that this period is distinguished by the reconstruction in the Middle East, stressing the need to benefit from this and the popularity of the idea of exporting contracting outside Egypt, whether at the level of the reconstruction of Iraq or Libya, and therefore the five major contracting companies became distinguished in quality and price, until they became competing with foreign companies in thisSector.

He suggested that the partnerships mechanism through the memoranda of understanding, to increase the quality of products with more capital, and to benefit from the price fixation, especially in light of the continuous change of prices now, especially in light of the high prices of building materials globally.

While John Saad, the investment expert, said that the Egyptian market is witnessing a remarkable urban mutation in the past years, and notes the diversity of the proposed business and the establishment of national projects for the first time of its kind in Egypt, and therefore all the contracting companies went to enhance their ability to implement these works in a similar way to their counterpart in global and neighboring markets.

He continued: «There is a plan from the state to create new cities of the fourth generation, other than offering new patterns of high -rise towers, whether from the government or the private sector, other than modern and innovative designs in implementing integrated urban projects, all of these factors prompted local contracting companies to add new activities that qualify themTo compete for these projects ».

Saad: A remarkable went to enter global alliances to transfer experiences to the local market

He stated that the past period witnessed the entry of many local contracting companies to hold alliances or partnerships with international companies with the aim of transferring expertise to local workers, especially engineers, with the aim of keeping pace with different patterns of urban boom, which later led to enhancing the competitiveness of Egyptian contracting companies in penetrating African and neighboring markets.

اقرأ أيضاننشر قرار «الإسكان» بتخصيص أراض لشركة عقارية بالضبعة

He cited the continuous rise in the size of the work of Egyptian contracting companies for several years, which led in light of the spread of national projects and infrastructure, in addition to the desire of the companies owners to add more activities, including real estate development.

Karim Mamoun, head of the Business Development Sector at Concorder Contracting Company, said that the company is currently working on the implementation of a number of giant infrastructure projects, including facilities for 3 complete neighborhoods in the new administrative capital, new Mansoura and the new sciences, and the company recently entered the field of factories and indeed it got the construction business projectFor one of the new factories, revealing that the next step will be the expansion in the field of electricity and energy.

He revealed that Concorde is expected to achieve the volume of 10 billion pounds at the end of 2022.

In another context, he said that "Concorde" was keen to be one of the components of economic development that Egypt is witnessing at the present time, and thus "Concorde" entered the field of investment and manufacturing, and perhaps one of the aspects of investment is to own it "Concord Plaza Mall" on the ninety Street, as wellGardens as the company has a new commercial, administrative and mall, which is "Royal Mall", and all of these projects are located in New Cairo.

He pointed out that "Concorde" established a solid pipelines with large diameters, and it has already begun in production, noting that the company intentionally established another factory for the manufacture of vannaka, which was imported from abroad, where the manufacture of these vanillas was considered after winning the high train project,The project, which needs 3 million flashes, and this factory produces one million lets per year.

He added that the company owns a cement factory in Assiut, which produces 2 million tons per year, as well as a brick and interlock factory located in the new Alamein, noting that this group of factories makes the "Concorde" an integrated entity in the contracting and construction sector able to move flexible to contribute to the implementation of plansDevelopment state.

He revealed the company's possession of an expansion plan;To export its services abroad, revealing that the company owns a branch in the Saudi market, and is working to establish another branch in Iraq, as well as the Libyan market to create a branch there.

He stressed that the company recently managed to obtain a huge project contract in Saudi Arabia, and the company plans to compete for a number of projects in African countries, in addition to Saudi Arabia, Iraq and Libya.

Sherif Omar

Iman Mamdouh