November 22, 2024

Egis Appointed As Souq Al-Mubarakiya’s development and reconstruction project CMC

Facebook
Twitter
LinkedIn
Souq Al-Mubarakiya’s development and reconstruction project. Image Courtesy: Egis

Egis, the leading international group in the consulting, construction engineering, and mobility sectors, has been awarded a contract for the landmark Souq Al-Mubarakiya Development and Reconstruction Project in Kuwait.

Industry sources added that based on the project’s highly successful pre-design and design project management phase, Egis will serve as the Construction Management Consultant (CMC).

Led and financed by Kuwait Finance House (KFH) with Alghanim International (AGI) as the main contractor and Gulf Consult (GC) as the design consultant, this project aims to revitalize and preserve the historic market’s unique 120-year-old heritage. A significant landmark in Kuwait, Souq Al-Mubarakiya played a pivotal role in shaping the country’s political, commercial, and social history.

From L To R – Khaled ElMir, Country Managing Director at Egis in Kuwait And Hamad Abdulmohsen Al Marzouq, Chairman Of KFH

Khaled ElMir, Country Managing Director at Egis in Kuwait stated “Egis brings a long history of technical expertise and project management experience to the Souq AlMubarakiya Development project. We are committed to collaborating closely with all stakeholders to deliver this significant project to the highest standards, ensuring the revitalized Souq becomes a cherished landmark for generations to come.”

KFH Chairman, Hamad Abdulmohsen Al Marzouq announced: “We are delighted to celebrate the launch of the reconstruction project for the area damaged in the Al Mubarakiya fire. This follows the successful completion and approval of the design phase by the relevant advisory team dedicated to addressing the effects of the incident.”

Industry sources added that Egis will manage the reconstruction of 17 buildings, along with a complete upgrade of the infrastructure network to meet current standards and comply with the latest regulations. Egis’ previous scope included project management of the pre-design and design phase of the project working alongside a team of architectural and heritage specialists. Following a fire that partially damaged portions of the landmark, the design ensures the reconstruction adheres to modern specifications while meticulously preserving the historical significance of this treasured site.

Egis has been a cornerstone of Kuwait’s development since 1992, providing engineering consultancy across diverse sectors including buildings, infrastructure, roads and bridges, waste management, and more. With a proven track record of successful collaborations with government entities, ministries, municipalities, and private organizations, Egis is committed to shaping Kuwait’s future.

Source

Share.

RELATED POSTS

Bob Kibbe appointed CEO of Tranzonic Companies and Hospeco Brands Group 2
Bob Kibbe Appointed CEO of Tranzonic and Hospeco Brands Group
Signing ceremony of the strategic partnership between Kanoo Real Estate and Rafal Real Estate Kanoo Real Estate and Rafal Real Estate Development co. sign strategic partnership :Development. Image Courtesy: Kanoo Real Estate
Kanoo Real Estate Partners with Rafal Real Estate to Elevate the Real Estate Landscape In KSA
Lee and Alpha Industries Launch Capsule Collection of Iconic Workwear Styles. (Photo: Lee Alpha Industries)
Lee and Alpha Industries Launch Collaborative Collection Celebrating Shared History of Workwear and American
  • Capital Securities Corp
  • Asialink Finance

LATEST POSTS

Iconomi Receives Leading Crypto Asset Management Platform in both the Netherlands and the UK by International Business Magazine
Mashreq, a leading financial institution in the MENA region, proudly announces the appointment of Philip Philippides as the new CEO of Mashreq Capital. Image courtesy Mashreq
Mastercard and Fundbot, a UAE-based fintech firm specializing in supply chain financing, have announced a collaboration to accelerate business-to-business (B2B) payment flows across all industries. Image courtesy: Mastercard
Bank NXT signed a cooperation protocol with the Urban Development Fund (UDF). Image courtesy: Bank NXT