Historical background:
* The company was established according to the Royal Decree published in the Egyptian Gazette, Supplement to Issue (53) issued on 3/13/1952, and it was registered in the Commercial Register in the same year.
* In 1962, 50% of the company’s capital was nationalized, and with the issuance of Presidential Decree Law No. 52 of 1964, 100% of the company’s capital was nationalized.
* The company's affiliation was transferred to the Public Sector Authority for Construction based on the provisions of the Public Sector Bodies and Companies Law No. (97) of 1983, then its affiliation was returned to the National Construction Company in accordance with the Public Business Sector Companies Law No. (203) of 1991, and by a decision of the Prime Minister on 2/14. /1993 Its affiliation was transferred to the Holding Company for Construction and Electric Power Distribution.
* In implementation of the government's program to expand the ownership base, the company was registered on the stock exchanges in Cairo and Alexandria. By the end of 1997, the company graduated from the scope of the provisions of the Public Business Sector Law to the scope of the Joint Stock Companies Law, where the shares acquired by the Holding Company for Construction and Development represented (20.3%). From the company’s capital, the public sector share, and by selling that share on (7/2017); The company became privately owned by shareholders (100%).
* Under the current leadership and as a result of its adoption of modern management methods, the company restored its activity and status to what it was previously, and in December 2021, the issued and paid-up capital was increased from (30) million Egyptian pounds to (97,200) million pounds, and the company was re-listed on the Egyptian Stock Exchange. (Small and Medium Enterprises Stock Exchange), in continuation of the path of success and progress; The company's capital was increased to (291,600) million pounds in March 2024; To take a new path towards prosperity and competition in the world of contracting and the main stock exchange.
Company purpose:
The company was established for the purpose of working in integrated public contracting, which includes:
* Integrated planning and implementation of all civil, public and marine constructions of various types and purposes (residential cities - hospitals - schools and universities - roads, bridges and tunnels - exchanges and telephone networks - gas stations - landscaping sites, squares and gardens - hotels, rest houses and swimming pools - airstrips, sea and dry ports and marine piers. ..), in addition to supplying and installing all specialized mechanical and electrical equipment associated with each process.
* Establishing drinking water and sanitation plants of all types and operational capabilities, as well as establishing electrical power stations, in addition to supplying and installing all specialized mechanical and electrical equipment; Related to all operations (water lines - expulsion lines, open and covered sewage - canal lining and irrigation - land reclamation and subterranean drainage works - oil and natural gas lines...).
* Manufacture of wooden and metal furniture, and metalworking works (alumetal and crytal).
* Importing, assembling and manufacturing all machines and materials necessary for the company’s operations, as well as representing or participating in the formation of Egyptian and foreign establishments and companies whose purpose is consistent with the company’s objectives.
Previous work (company achievements):
The Industrial and Engineering Projects Company is one of the largest contracting companies in Egypt. It has previously participated in the establishment of many national projects in all fields, bringing its contribution to 40% of the infrastructure of the Arab Republic of Egypt, as follows:
* Projects Company is the leading company in the Middle East and Africa in the field of planning and construction of water desalination plants. Including the implementation of (15) desalination plants with a capacity of (600 m3/day) on the Red Sea coast, and (4) plants with a total capacity of (15 thousand m3/day) in South Sinai, and (2) plants with a total capacity of (2000 m3/day) in Ain Sokhna. The projects it has implemented in this field have reached more than (50) water desalination plants, in addition to implementing marine outlets at different depths and distances into the seawater.
* Due to the company’s extensive experience in the field of infrastructure, it has planned and implemented more than (20) sewage treatment plants, and more than (11) sewage plants, in addition to implementing a thermal effect unit on reverse osmosis (R.O) systems in Dabaa, and drilling and implementing a number (200 production wells with depths ranging from 40 to 300 meters, in addition to open and covered drainage irrigation networks to serve 350 thousand acres. It also contributed to national land reclamation projects.
* The company takes precedence in participating in the implementation of major projects at the republic level, such as: (lining the El Salam Canal in Sinai - implementing electricity station and network projects - oil and gas lines - roads, tunnels, and underpasses under roads and railways...).
* The company has a long history in planning and constructing power stations of various capacities, electricity works, exchanges, telephone networks, and the establishment of new urban communities, as well as road and paving works, landscaping of squares, and the work of fountains, gardens, landscaping, and swimming pools throughout the Republic and the Arab countries.
Recent contracts for the last three years (in progress):
As a result of the company’s successes over the past three years, the company was able to sign many contracts with an estimated value exceeding (two billion) pounds, as follows:
Estimated value
(million pounds)
|
The project
|
No.
|
|
Additional work on the artificial water (El.harer Road- Kafr El Dawar)
|
1
|
13.650
|
Fire-fighting systems (Freedom Center for Artistic Creativity - Alexandria)
|
2
|
864
|
A project to construct (41) residential buildings (Trillium Compound located in the Al-Matariq area (Sumed - Giza).
|
3
|
98.9
|
Landscape works for the internal and surrounding roads of the social/investment housing project (east of the Faculty of Physical Education in Port Fouad / Port Said)
|
4
|
139
|
Establishing a tree forest for the sewage treatment plant (Minya Governorate).
|
5
|
88.29
|
Establishment of slope networks, lifting stations, and expulsion lines for the sewage project for the city of Tamiya (Fayoum Governorate).
|
6
|
90.507
|
Al-Batanoun Sanitation Project (Shebin El-Kom Center - Menoufia Governorate).
|
7
|
1139
|
Establishment of slope networks and lifting stations for the expulsion lines and a sewage purification station (Manfalut - Al-Atamna - Manfalut and Al-Atamna Annex) (4) villages (Bani Adiyat - Kom Bouha - Al-Aziyah - Jahdam) / Assiut Governorate.
|
8
|
31.996
|
Construction of slope networks, lifting stations, and expulsion lines for the sewage project for the city of Matar Tars (Fayoum Governorate).
|
9
|