Societe Egyptienne D’entreprises (Moukhtar Ibrahim), one of the leading construction firms in Egypt, is actively looking at major infrastructure and industrial projects in Kuwait and hopes to win a pie of the lucrative $2bn contracts, said a report. Mokhtar Ibrahim’s move to join the race with other contracting firms for major roads and bridge contracts comes after being upgraded to the status of international firm in Kuwait, reported Amwal Alghad, citing its top official.
The company plans to double its volume of business and open new branches in a number of countries as part of its global strategy, remarked Mohamed Alkhatib, the company director and deputy chairman of financial and administrative affairs.
