Riyadh - Sharikat Mubasher: Redcon Construction, the Egyptian leading constructions and infrastructure firm, eyes SAR 2.5 billion business volume in Saudi Arabia in 2024, the company’s Chairman, Tarek Elgamal, revealed.
The construction firm is competing for eight tenders in Saudi Arabia launched by Red Sea Corporate to implement projects in tourism, hospitality and healthcare sectors, Elgamal told Asharq Bloomberg.
As part of its regional and international expansion strategy, Redcon Constructions established Redcon Saudi company, jointly with Al Riyadah Holding company, to enter the Saudi market.
The portfolio of Redcon Construction includes projects in various fields, including: construction, steel production, ready-mix concrete, technology infrastructure and real estate development.