Arab Contractors signed a contract to establish roads in Togo at a cost of US$25 million, in attendance of Togolese Prime Minister Kwesi Ahoomey-Zunu, said Chairman Mohsen Salah.
The contract stipulates the establishment of road no. 5, which stretches for 25 kilometers, in the capital of Lome. The road will be the first project for the company in Togo, Salah added.
In remarks on Friday, Salah said that the Togolese prime minister demanded joining the project’s sub-road network to the contract, costing $21 million.
A delegation from the company headed by board member Ashraf Rateb visited Morocco to inspect the high speed train between Tangiers and Casablanca spanning 39 kilometers, Mohsen said, adding that the first stage of the project is scheduled to be concluded by mid-July. The second stage will be concluded by the end of September 2015.
The company’s work, according to Salah, is expanding in Morocco where several developmental projects are proposed. The company is also mulling two projects for roads there.
A bridge that is being built by the company in Cote d’Ivoire at LE250 million will be opened by Ivorian President Alassane Ouattara before end of February, Salah added.
Edited translation from Al-Masry Al-Youm