Arab Finance: REDCON Construction is currently implementing 10 projects in the North Coast, with total investments of EGP 15 billion, Chairman Tarek El Gamal told Asharq Business.
El Gamal expects a significant increase in these investments, propelled by the Ras El-Hekma project, which boosted demand in the region.
As for REDCON’s projects in Saudi Arabia, El Gamla said that the business volume of the company’s subsidiary REDCON International has reached $250 million in the kingdom after carrying out a project for the Saudi Red Sea Global (RSG), in partnership with Al Reyadah Holding.