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One of the subsidiaries of the National Company for Construction and Development was founded by al-Basha in 1917 and then was re-established as a shareholding company in Egypt in 1951 and in 1961 became a wholly state-owned. The Egyptian Contracting Co. is one of the leading companies in the field of contracting evidenced by the track record of experience since the establishment of the company. T he company has played successfully a major role in the development of the national economy in the framework of the general policy of the state in the areas of implementation of mega industrial projects, for example: (Iron and Steel Complex, stations electric power, fertilizer plants, workshops and military facilities), and infrastructure works with cities and new, which (including housing facilities Mubarak Youth) in all new cities, including roads, electricity, telephones, potable water and sanitation, buildings, education (universities and schools) in various parts of the republic and many

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