Riyadh – Sharikat Mubasher: Egypt’s Concrete Plus, a leading construction and engineering contracting company announced a new alliance with Saudi-based Zahran Holding company to execute a mega venture project worth SAR 2 billion.
The project will include implementing a tower that contains hotel, administrative, and commercial units in Riyadh city, according to a statement of Tarek Youssef, CEO of Concrete Plus with Asharq Business.
Youssef added that the final contracts of this venture project will be inked during the third quarter of this year.
Founded in 1998, Concrete Plus is a comprehensive construction services provider that has rapidly risen to become one of the leading entities in Egypt's construction market. Concrete Plus stands strong as an industry leader with a greater vision for growth and expansion into various fields such as facility management and fintech.
Established in 1975, Zahran Group of companies known today as Zahran Holding Company is a premier diversified investment conglomerate active inside and outside of Saudi Arabia.
Zahran Holding specializes in a broad spectrum of industries, ranging from Maintenance & Operation, Construction and Contracting, Travel and Tourism, Financial and Real Estate Investment, Home Appliances, and a variety of other businesses.
