Egypt’s Transport Minister Kamel Wazir said an agreement was reached on the approval to establish an HQ for the Holding Company for Roads, Bridges and Land Transportation in Saudi Arabia after the company got contracts for implementing projects in the kingdom.
This came during the company’s general assembly meeting to review the company’s budget of the 2023-2024 fiscal year.
According to estimates, the company is expected to realize revenues at EGP 988 million.
The minister underlined the importance of abiding by the set standards and timetable of the projects being carried out under the company.
