What REDCON Construction does

REDCON Construction is a privately held Egyptian EPC (Engineering, Procurement, and Construction) firm founded in 1993 by Eng. Tarek Elgamal, operating as principal contractor across infrastructure, high-rise buildings, industrial, commercial, administrative, recreational, educational, residential, and medical construction sectors. The company serves Egyptian government entities—including the New Urban Communities Authority (NUCA), the Ministry of Health, and the General Authority for Roads, Bridges and Land Transport—and tier-1 private real estate developers including Emaar Misr, Ora Developments, Mountain View, Soma Bay Group, Palm Hills, SODIC, City Edge, and M Squared, and has expanded internationally through Redcon International Limited in Saudi Arabia since 2023. REDCON employs approximately 2,900 to 3,500 direct staff augmented by an estimated 20,000 subcontractor workers, has executed more than 250 projects across 30 years, and carries a cumulative contract portfolio valued at approximately EGP 70 billion as of 2024.

The technology backbone is Building Information Modeling (BIM), in use since 2008 and among the earliest adoptions in the Middle East, supplemented by Virtual Design and Construction (VDC), laser scanning, an in-house Assets management system claimed as unique in Egypt since 2020, data-science integration, and a proprietary internal AI knowledge platform under development. Reported benefits include approximately 30% reductions in cost and time waste from the technology stack and 30-40% lower operating costs for sustainability-certified buildings relative to conventional construction. The company has been awarded LEED Platinum certification for at least one delivered building and has practiced green-building techniques for 15 years.

REDCON generates revenue through project-based EPC contracts awarded by competitive tender and direct negotiation, with contract values ranging from SAR 205 million (the initial KSA award) to multi-billion-EGP national infrastructure mandates, and is targeting EGP 30 billion in project-execution volume for 2025. The REDCON Group umbrella encompasses eight affiliated entities covering aluminum and GRC façade solutions (Wajha), steel production, ready-mix concrete, technology infrastructure, real estate development, regional operations in Saudi Arabia, and a Spain-based subsidiary. Go-to-market is anchored in long-cycle enterprise relationships with government entities and tier-1 developers, supported by thought-leadership events such as Redcon Technology Day, industry award recognition (including Big 5 Egypt Impact), and selective technology partnerships with Autodesk and Right Angle.

Name

REDCON Construction

Legal name

REDCON Construction

Website

https://redconcon.com

Company type

Private

Founded year

1993

Operating status

Operating

Headcount range

1,001–5,000 employees

Short description

REDCON Construction is a privately held Egyptian EPC contractor founded in 1993, executing infrastructure, high-rise, industrial, commercial, residential, and medical projects for Egyptian government entities and tier-1 private developers, with international expansion via Redcon International in Saudi Arabia.

Ownership category

akta.pro rank

Product category

Construction and Infrastructure Services

NAICS

Commercial and Institutional Building Construction (23622), Heavy and Civil Engineering Construction (237), Nonresidential Building Construction (2362)

SIC

General Bldg Contractors - Nonresidential Bldgs (1540), Heavy Construction Other Than Bldg Const - Contractors (1600)

akta.pro primary industry

Commercial General Contracting (New Build) (IMAFAAAA)

akta.pro secondary industry

Civil & Site Works EPC (Earthworks, Roads, Drainage, Foundations) (EUAEADAA)

Keywords

• Engineering procurement construction
• Construction contracting services
• Infrastructure development projects
• Residential commercial construction
• Building information modeling

Headquarters

HQ city

Heliopolis

HQ country

Egypt

HQ region

Africa

Offices2 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Supply Chain, Infrastructure, Technology or R&D, Marketing or Sales

Revenue model

1. EPC Contracts: REDCON generates revenue primarily through Engineering, Procurement, and Construction (EPC) contracts with government entities (e.g., NUCA, New Administrative Capital) and private sector developers (e.g., Emaar Misr, Ora Developments, Mountain View, Soma Bay Group). Contracts are awarded for infrastructure, high-rise buildings, industrial, residential, commercial, administrative, educational, medical, and solar/renewable energy projects. Revenue is project-based, typically large single contracts with defined scopes.

Go-to-market motion2 records

Distribution channels3 records

Marketing channels8 records

Core offering

REDCON Construction is a principal contractor providing full-scope Engineering, Procurement, and Construction (EPC) services across Egypt and Saudi Arabia. Its deliverables span infrastructure, high-rise buildings, residential compounds, commercial, hospitality, industrial, educational, medical, and solar/renewable energy projects for government entities and large private developers. The company uses BIM (since 2008), VDC, and its proprietary Assets system to manage projects from planning through finishing, MEP, and landscaping.

Product overview

REDCON Construction is an Egyptian engineering, procurement and construction (EPC) company offering comprehensive construction services as a principal contractor across multiple sectors including residential, commercial, hospitality, industrial, educational, medical, transportation, infrastructure, and solar/renewable energy. The company operates as part of REDCON Group which encompasses 8 affiliated companies covering construction, aluminium/façade solutions, steel production, ready-mix concrete, technology infrastructure, and real estate development. Key affiliated brands include REDCON Properties, REDCON Steel, REDCON International (Saudi Arabia), REDCON Spain, and Wajha (aluminium/GRC/glass façade solutions). The company differentiates through advanced construction technologies including BIM (Building Information Modeling since 2008), VDC (Virtual Design and Construction), and proprietary AI development.

Differentiator

Problem solved

Functional benefit

Products and services

• Engineering, Procurement and Construction (EPC) Services Full-scope engineering, procurement and construction services delivered as principal contractor for infrastructure, high-rise buildings, industrial, commercial, administrative, recreational, educational, residential, and medical projects for government entities and large private developers in Egypt and Saudi Arabia.
• REDCON Properties (Real Estate Development) Real estate development arm of REDCON Group, developing flagship mixed-use and commercial projects including Golden Gate in New Cairo's South 90th Street (250,000 sqm site area) and contributing to Maspero Towers.
• REDCON Steel Steel production and fabrication company affiliated with REDCON Group, supplying construction materials for group projects and the wider market.
• REDCON International Limited (Saudi Arabia Operations) International operations subsidiary established in 2023 in Saudi Arabia, holding Class-1 technical certification and Class-1 creditworthiness rating in the Kingdom. Wins and executes EPC and infrastructure projects aligned with Saudi Vision 2030, including the first project worth SAR 205 million over 10 months.
• REDCON Aluminum / GRC & Glass Façade / Wajha Affiliated companies providing aluminum systems, GRC, and glass façade solutions for REDCON Group projects and external clients.
• REDCON Ready-Mix Concrete Ready-mix concrete supply arm of REDCON Group, providing concrete for group projects and external customers.
• GPX Tier IV Data Center Construction Construction of the first Tier IV data center in the region, built from the ground up in partnership with GPX for Egypt's digital infrastructure.
• Solar and Renewable Energy Construction Services Solar and renewable energy construction services as part of REDCON's diversified portfolio, including renewable energy infrastructure projects under study in Saudi Arabia aligned with Vision 2030.

Quantifiable outcome

• Technology reduces cost and time waste by ~30%
• +6 more outcomes

Named customers10 records

Segments4 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration2 records

AI capability5 records

Feature6 records

Partnerships

Four partnerships are on record, tiered core and major.

• Saudi ConTechcoreStrategic or Co-development Partner · 18 June 2026REDCON Construction signed a strategic MoU with Saudi ConTech at the Fii Priority Europe 2026 conference in Rome. The agreement establishes a framework to evaluate emerging construction technologies, develop digital transformation initiatives, and explore future investment opportunities in construction technology aligned with Saudi Vision 2030. The partnership aims to boost productivity, sustainability, and innovation in Saudi Arabia's construction sector.
• AutodeskcoreTechnology or Integration · 20 February 2025Autodesk participated as a technology success partner at REDCON's Redcon Technology Day event, showcasing collaborative efforts in BIM and digital construction technologies. Autodesk representatives attended the event alongside REDCON leadership and major developers, demonstrating a long-standing technology partnership.
• Right AnglecoreTechnology or Integration · 20 February 2025Right Angle participated as a technology success partner at REDCON's Redcon Technology Day event, representing collaborative efforts in advanced construction technologies. Right Angle representatives attended alongside Autodesk and REDCON leadership.
• Rietze GlobalmajorImplementation/ SI/ Consulting Partner · 1 January 2023REDCON signed a cooperation agreement with Rietze Global for executing hardscape (hard landscaping) works at a new project in Saudi Arabia. This partnership leverages Rietze Global's specialized expertise in landscape and hardscape construction as part of REDCON's integrated project delivery in KSA.

Scale indicators22 records

Recent moves7 records

Expansion highlights7 records

Direct peers

• Orascom Construction PLC: Egypt-headquartered EPC contractor operating across the Middle East, North Africa, and the US in commercial, infrastructure, and industrial construction. Comparable as the largest publicly listed Egyptian general contractor with similar megaproject and government exposure, and a peer for the MENA EPC segment.
• Arab Contractors (Osman Ahmed Osman & Co.): Egyptian state-affiliated EPC contractor — the largest in the country — delivering infrastructure, housing, hospitals, and industrial works. Direct peer in nonresidential general contracting and government-driven megaproject delivery in Egypt.
• Hassan Allam Holding: Privately held Egyptian engineering and construction group with operations across buildings, infrastructure, energy, and industrial projects in Egypt and the GCC. Closely comparable in scale, sector mix, and PPP/megaproject strategy, including technology-enabled construction delivery.
• El Soadaa Group: Egyptian construction group with diversified EPC operations across residential, commercial, and infrastructure. Comparable mid-tier Egyptian general contractor competing for similar private developer and government contracts.
• Rowad Modern Construction: Egyptian general contractor delivering commercial, residential, and infrastructure projects. Peer in the nonresidential building segment with overlapping developer customers (e.g., large Egyptian real estate developers).
• Samcrete Group: Egypt-based engineering, construction, and concrete products group active in commercial and industrial construction. Comparable in delivering mid-to-large scale commercial building projects in Egypt with vertical integration into concrete supply.

Regional players

• Saudi Binladin Group: Saudi Arabia's largest construction group executing mega-projects under Vision 2030 (transportation, hospitality, infrastructure). Relevant peer given REDCON's expansion into KSA and similar pursuit of giga-scale public-sector projects in a different geography.
• Al Bawani Co. Saudi general contractor with diversified EPC capabilities across residential, commercial, healthcare, and infrastructure. Geographic peer for REDCON's KSA pursuits given overlapping capabilities and Vision 2030 alignment.

Broad incumbents

• Consolidated Contractors Company (CCC): Regional MENA EPC incumbent headquartered in Greece with 70+ years executing mega industrial, infrastructure, and oil & gas projects across the Middle East and Africa. Larger and broader-in-scope peer operating in the same geography and project types.

Others

• Dar Al-Handasah (Sidara): Global engineering consultancy providing design, project management, and construction supervision across MENA. Adjacent rather than directly competitive; both companies frequently co-exist on Egyptian and GCC megaprojects.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/redconcon
• LinkedInlinkedin.com/company/redconconstruction

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles6 records

Subsidiaries9 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about REDCON Construction