Hassan Allam Holding signs a US$ 20 million loan from EBRD to support the construction and utilities sectors

Hassan Allam Holding signs a US$ 20 million loan from EBRD to support the construction and utilities sectors

16 November 2019

Hassan Allam Holding signs a US$ 20 million loan from EBRD to support the construction and utilities sectors “Hassan Allam Holding is a construction and engineering company that is making a commitment to do better by the environment. Yes, we’re adopting principles of sustainability. But we’re also expanding our business offering by adding green utilities to our core activities. With the support of the EBRD we will accelerate this expansion by investing in the water space,” said Amr Allam, CEO of HAH. Jurgen Rigterink, EBRD First Vice President, said: “We are very happy to support Hassan Allam Holding in its expansion into new sectors of high significance to the country and the Egyptian people, namely water treatment and desalination. This project will also help develop the right skills that are in demand in the sector.”