Hassan Allam Construction Inks Contract for Alexandria Raml Tram Revamp
Deal News | May 23, 2025 | Zawya
Hassan Allam Construction, a prominent entity within the Hassan Allam Holding group, has entered into a joint venture with The Arab Contractors for a transformative infrastructure project. The initiative will rehabilitate the historic Alexandria Raml Tram in Egypt, a move that aligns with the nation's sustainable transport vision. The venture follows a contract awarded by the National Authority for Tunnels, signifying a significant stride in upgrading Egypt's public transport. Improvements are set to cut journey times by nearly half while tripling passenger capacity. Throughout its more than 90-year history, Hassan Allam Holding has been pivotal in numerous high-profile projects across the Middle East and North Africa, including railway systems, metro stations, and major infrastructure ventures. This latest project will preserve the cultural significance of the Raml Tram while vastly enhancing its operational efficiency and environmental impact.
Sectors
- Transportation and Infrastructure
- Engineering and Construction
Geography
- Egypt – The Alexandria Raml Tram project is located in Egypt, and the article highlights Egypt's focus on modernizing its public transportation infrastructure.
- Middle East and North Africa (MENA) – Hassan Allam Holding operates widely in the MENA region, and the project's impact and relevance extend across these areas.
Industry
- Transportation and Infrastructure – The article revolves around the rehabilitation of the Alexandria Raml Tram, a significant infrastructure project that aims to improve transportation and connectivity in Egypt.
- Engineering and Construction – As a major player in engineering and construction, Hassan Allam Holding is executing the project, highlighting its role in this industry sector.
Financials
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Hassan Allam Construction | Joint Venture Partner | Company | A subsidiary of Hassan Allam Holding, involved in engineering, construction, and infrastructure in the MENA region. |
| Hassan Allam Holding | Parent Company | Company | A leading entity in the MENA region, specializing in construction, engineering, and infrastructure projects. |
| The Arab Contractors | Joint Venture Partner | Company | Collaborating with Hassan Allam Construction for the Alexandria Raml Tram rehabilitation project. |
| National Authority for Tunnels | Project Awarder | Government | The Egyptian government body that awarded the tram rehabilitation contract. |
| Lieutenant General Engineer Kamel Al-Wazir | Deputy Prime Minister for Industrial Development and Minister of Transport and Industry | People | High-ranking Egyptian official present at the contract signing ceremony. |