The Egyptian Prime Minister Mostafa Madbouly discussed on Sunday means of cooperation with Shaun Kenny, president of Bechtel's Infrastructure global business unit, according to the Egyptian Cabinet.
Madbouly discussed with Bechtel's officials means of cooperation, including ones on the construction of the Metro Line 6 and the management of new cities.
The meeting was attended by Minister of Housing Assem El-Gazzar, and Minister of Transportation Kamel El-Wazir, as well as the U.S. Ambassador to Cairo Jonathen Cohen.
He also explained that there are several projects currently being implemented in Egypt in cooperation with U.S. companies, such as the petrochemical complex in the Ain Sokhna region.
He added that the the cabinet welcomes cooperation offers from Bechtel in the construction of the new metro line.
The PM also stated that Egyptian construction companies have gained huge expertise in the past period that can make companies like Bechtel depend on them in implementing megaprojects, adding that the Egyptian state is currently localizing industry and technology while getting the benefit of foreign expertise in technology.
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The Egyptian Prime Minister Mostafa Madbouly during a meeting with Shaun Kenny, president of Bechtel's Infrastructure Co., May 9, 2021. (File Photo)[/caption]
The prime minister explained that Egyptian contracting companies have gained great experience that could make multinational companies such as Bechtel rely on them to implement mega projects, adding that the Egyptian state is currently localizing industry and technology.
On his part, Kenny expressed his enthusiasm to work with the Egyptian government on the mega projects that are currently being implemented, including the Metro Line 6.
Finally, he emphasized that this would be a beginning to expand cooperation between the government and the U.S. company during the upcoming period, especially in the field of managing new cities.
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