Egypt’s National Company for Construction and Development (NCCD) has lined up 20 of its affiliated firms for privatization. The companies chosen realized revenues of 3.4 billion Egyptian Pounds ($734 million) with equity of EP 317.7 pounds in 2001, reported Al-Alam Al-Yaum.
Al-Nasr General Contracting, Atlas General Contracting, Nil Construction Company, Egypt Structural Cement Works as well as Mokhtar Ibrahim are among the companies chosen by the National Construction Company to be privatized in the near future. — (menareport.com)
© 2002 Mena Report (www.menareport.com)
