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HomeNewsAfricaArab Contractors to set up a port in Nigeria worth $280mn

Arab Contractors to set up a port in Nigeria worth $280mn

Egyptian state-run construction firm Arab Contractors (AC) is commissioned to carry out a port worth 2.2 billion Egyptian pounds ($280 million) in Nigeria, its Chairman Mohsen Salah said Sunday.

In addition, the company is also assigned for carry out the main utilities extension project in a residential city in Nigeria, worth 1.7 billion pounds, Salah noted.

The latest projects come as part of a series of other construction businesses in Nigeria being managed by Arab Contractors. Thus, the company’s volume of business in Nigeria registered one billion pounds.

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On the other hand, AC has captured a large number of utilisation and road projects in Equatorial Guinea and Chad.

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Arab Contractors is considered one of the most prominent construction firms in the Middle East and North Africa, and one of the largest companies in Egypt.

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