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Equatorial Guinea Prioritizes Housing Development in Partnership with Egypt's Arab Contractors

Equatorial Guinea Prioritizes Housing Development in Partnership with Egypt’s “Arab Contractors”

DNE Africa
Last updated: February 10, 2025 2:56 pm
By DNE Africa 4 Min Read
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MALABO – Equatorial Guinea is making significant strides in its national development agenda with a renewed focus on expanding affordable housing options for its citizens. Central to this ambitious plan is a strengthened partnership with Egypt’s “Arab Contractors,” a leading construction firm renowned for its expertise in delivering large-scale infrastructure projects across Africa.

The collaboration was solidified during a recent meeting between Clemente Ferreiro Villarino, Equatorial Guinea’s Minister of State for Public Works and Urban Planning, and Sherif El-Sherbiny, Egypt’s Minister of Housing, Utilities, and Urban Communities. The agreement will see “Arab Contractors” undertake key housing projects as part of Equatorial Guinea’s national plan to construct 100,000 new homes.

Minister Villarino emphasized the importance of these projects in achieving the country’s sustainable development goals. “Providing access to quality housing is a top priority for the government of Equatorial Guinea,” said Villarino. “Our partnership with ‘Arab Contractors’ is crucial in realising this vision, bringing their expertise and experience to bear on our national housing strategy.”

He noted the long-standing relationship between his country and “Arab Contractors,” highlighting the firm’s consistent delivery of high-quality infrastructure projects in the country. The projects will be executed under the direct oversight of the Egyptian Ministry of Housing, reinforcing the commitment to excellence and ensuring alignment with Equatorial Guinea’s development objectives.

“This collaboration underscores our commitment to providing our citizens with modern, sustainable, and affordable housing options,” Villarino added. The new developments are expected to create numerous jobs for local communities and stimulate economic growth within the construction sector.

Ahmed El-Assar, Chairman of “Arab Contractors,” reiterated the company’s commitment to supporting Equatorial Guinea’s development vision. “We are proud to partner with Equatorial Guinea in this transformative initiative,” said El-Assar. “Our team is dedicated to delivering housing solutions that meet the needs of the local population and contribute to a brighter future for Equatorial Guinea.”

Arab Contractors Strong Presence in Equatorial Guinea

“Arab Contractors,” operating in 29 countries outside Egypt, has a strong presence in the country, established through its subsidiary, “Arab Contractors – Equatorial Guinea Limited.” Since 2003, the company has successfully completed a wide range of infrastructure projects, earning the trust and recognition of the Equatorial Guinean government, including three presidential medals awarded in 2008, 2012, and 2015.

Notable projects undertaken by “Arab Contractors – Equatorial Guinea Limited” include:

  • The Anisok – Mongomo Road
  • Access Road to Pico Basile (Mount Malabo)
  • 1,000 Housing Units at Pesca Town (Bioko Norte Province)
  • Sipopo Main Road and Infrastructure
  • Sipopo Presidential Complex (Meeting Hall, Corniche, Heliport)
  • Malabo Potable Water Treatment Plant and Distribution Network
  • Malabo International Airport – New Passenger Terminal
  • Rey Akalayong Avenue (Malabo)
  • Mitomo – Kogo Highway Upgrade
  • Bata Camp Compound
  • Malabo Wastewater Treatment Plant
  • Nzok – Akassi Highway
  • Simo Neighbourhood Roads Project (Phases I & II)
  • Apartment Buildings at Malabo Campus Project
  • Residential Compound in Mongomo
  • “9 Villages” Sustainable Rural Development Program
  • Community Electrification Project

Ongoing projects include the second phase of roads in the Simo neighbourhood as well as additional external civil engineering at The Riaba Farm and Alegri.

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TAGGED:AfricaArab ContractorsEgyptEquatorial Guinea
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