Indaux has signed an agreement with the Cairo-based supplier of building material El Khalil – Wood, with several branches throughout Egypt. Founded in 1969, it currently has 120 workers, under the directorship of Osama Khalil.
Having overcome the country’s period of instability, thanks to international financing and budgetary adjustments, the Egyptian economy offers a new panorama, with the construction and energy sectors leading the growth forecasts, which stand at 4%. The development of different housing schemes and the creation of a new administrative capital east of Cairo are in the pipeline.