ArabFinance: Nasr Company for Civil Works (NCCW) has been awarded the embankment construction and the industrial works at the New Administrative Capital (NAC) as part of the high-speed electric railway system (Ain Sokhna – NAC – Alamien – Matrouh), according to a statement.
The project will be executed at a cost of EGP 212 million, with a final insurance payment of 5%, Nasr Company revealed.
Nasr for Civil Works is an Egypt-based public shareholding company engaged in the construction sector. The company provides construction and development contracting services for infrastructural projects related to energy, utilities, housing, roads, and ports.