Hassan Allam wins contract for Afreximbank Trade Centre project

Hassan Allam Construction, a subsidiary of Hassan Allam Holding, has secured a USD 250 mln contract to build the African Export-Import Bank's (Afreximbank) African Trade Centre and new global headquarters in Egypt's New Administrative Capital.

The project includes construction and full fit-out of Afreximbank's headquarters, a 110-room hotel, and six serviced residential villas. The wider development will also feature trade-supporting facilities such as a trade information centre, library and knowledge hub, corporate museum, SME and innovation incubator, business centre, conference and exhibition facilities, retail and dining outlets, and a 1,200-space parking structure.

The scope of work covers civil construction, mechanical, electrical and plumbing (MEP) systems, landscaping, and the supply and installation of furniture and equipment.