Egypt's Gama inks EGP 168m deal with Vinavil in Suez

Cairo – Mubasher: Gama, a private construction company in Egypt, said Thursday that it has signed a contract worth around EGP 168 million with Vinavil, one of the largest European chemical polymerisation companies.

The contract aims to execute the second phase of Vinavil's Egypt plant, located in Ataqa Industrial Area of Suez during this year, according to a statement.

Under the contract, Gama will provide a full range of construction services including civil, electromechanical, construction, and infrastructure work, which is scheduled for completion during the next twelve months.

Amr AlTawil, CEO of Gama and Triangle Group, said: "Over the last two decades, Gama has a proven record track of success in executing megaprojects that have a positive impact on Egypt’s economy and growth rate.”

“Gama is a major contributor to the light industrial sector in Egypt, with approximately 60% market share. We are truly proud that Vinavil has joined our clients’ network, and we are looking forward to being a long term service provider,” he added.

Gama is an Egypt-based company that delivers turnkey construction projects and solutions.

Vinavil is an Italian manufacturer specialised in industrial polymers and the provision of services in the chemical industry.

Mubasher Contribution Time: 01-Jun-2017 11:25 (GMT)
Mubasher Last Update Time: 01-Jun-2017 12:14 (GMT)