August 6, 2012

President of Equatorial Guinea Laid the Foundation Stone for Ambini Project

Within the anniversary celebration of the Equatorial Guinea National Day; Mr.Teodoro Obiang Nguema – President of the Republic of Equatorial Guinea laid the foundation stone for Ambini Project (First phase), with a total value 63 million US$. He praised the Arab Contractors committment and high quality of works. Eng. Ibrahim Mabrouk - EG Branch Manager stated that the project scope of works is the construction of internal and external roads, earth works to construct a residential city. The project is divided into two phases each phase will be carried out in 48 months. The First phase includes the earth works, clearance of the work site and the construction of the external and main roads with a total length 22km. The Second phase's total value is 163.5 million US$, including the internal roads with a total length 34km, the industrial works for the drains and facilitating the construction process.