Egypt will host an international conference of international companies for the reconstruction of Iraq and Libya

by **claud39** Sat Jun 15, 2019 7:21 am

[size=30]Egypt will host an international conference of international companies for the reconstruction of Iraq and Libya[/size]

15/06/2019

Egypt will host an international conference of international companies for the reconstruction of Iraq and Libya Thumbnail.php?file=942322_0_262142435

[rtl]Al-Ahed News - Baghdad[/rtl]

[rtl]The fifth session of the "Builders of Egypt" forum, to be held in Cairo on Sunday under the patronage of Egyptian President Abdel Fattah al-Sisi, will discuss the investment opportunities available to construction companies and Egyptian construction companies in the reconstruction of Libya and Iraq. To support the efforts of the two countries in the reconstruction of the devastated areas that were controlled by the terrorist organizations in the framework of the integration between the Egyptian government and the private sector in strengthening strategic relations and supporting development in the brotherly Arab countries.[/rtl]

[rtl]The meeting was attended by Eng. Ali Alsanafi, Chairman of the Iraqi and Arab Contractors Union, and Abdul Majid Kushir, Chairman of the Contractors Union in Libya, at the main session of the Forum to review the projects implemented by the two governments in the framework of their reconstruction plans, the necessary measures to develop investments in construction sector, And the necessary frameworks for the participation of Egyptian companies in the reconstruction process, as many cities and provinces were affected by the events of the war on the organization of "Da'ash" terrorist, and the proportion of damage in some of them to 70%.[/rtl]

[rtl]Iraq needs $ 100 billion for the reconstruction of the affected provinces, while Libya needs $ 100 billion for reconstruction as estimated by the World Bank, which indicates the main role of the Egyptian contribution to the reconstruction file and the role of Egyptian construction companies in the implementation of a number of projects, Egyptian construction materials to meet the increasing needs of companies working in the fields of infrastructure and construction in the two countries of building materials, which increases the volume of investment opportunities for Egyptian companies and the volume of demand for Egyptian labor, under the financial pledges made by A number of countries for the reconstruction of the two countries.[/rtl]

[rtl]The forum, organized by the Egyptian Federation of Construction and Building Contractors and the Export Council of the Real Estate, in cooperation with the Exelent Conference and Exhibition Organization, will be attended by more than 500 participants representing large business and finance sectors and prominent speakers from regional and international organizations to discuss and discuss investment opportunities in the construction sector. Construction of the Middle East and Africa, laying the foundations for a common vision for the future and developments of major projects, presenting all the investment opportunities available in the region to Egyptian construction companies and their ability to capture these opportunities and challenges facing the Egyptian contractor.To be able to compete for a good share of the reconstruction programs of countries such as Libya, Iraq and other countries affected by conflict and war.[/rtl]

[rtl]The forum, which is attended by the presidents of the African and Arab associations for the construction sector, in addition to the executive leaders of the major contracting companies, the leaders of financial institutions, building materials, real estate development and related sectors, will examine the success of some Egyptian contracting companies in African and Arab markets, In addition to presenting the main requirements of companies to work abroad, including credit facilities available, risk and insurance companies with political and diplomatic care in the state, to overcome any security risksOr logistics of the possible occurrence.[/rtl]

[rtl]The meeting will discuss the ability of banks to support Egyptian construction companies in the size of good business in Arab and foreign countries in the coming years, with the presentation of the controls and conditions that must be available in these companies so that the banks can provide the necessary funding abroad through its branches or through His external correspondents.[/rtl]

[rtl]The "Builders of Egypt" forum is the biggest event in the construction sector, which includes all categories of construction companies, actors and activities such as the financial and banking sectors and related sectors such as real estate investment, energy and construction materials industry. And come out with recommendations and a window to formulate many ideas and solutions to contribute to the amendment of the laws governing the work of the sector and also support sustainable development in the construction sector. End quote[/rtl]

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