Cairo – Mubasher: The Egyptian Company for Developing Building Materials (LIFT SLAB) said it signed the contracts of two projects totaling EGP 1.180 million.
Under the first contract, LIFT SLAB will carry out the construction of a water reservoir for Nasr Company for Buildings and Construction (EGYCO) for EGP 230,000.
Meanwhile, LIFT SLAB signed the second contract with Arab Contractors Co. to implement the first phase of El Asafra tunnel in Alexandria for EGP 950,000.
LIFT SLAB said earlier it narrowed losses by 29.9% in the nine-month period ended 30 September 2015,to EGP 2.41 million compared with EGP 3.44 million for the same period a year earlier.
