What Concord For Engineering & Contracting does

Concord for Engineering & Contracting is a privately held Egyptian engineering, procurement, and construction (EPC) company founded in 1989 and headquartered in Ma'adi, Cairo. It delivers large-scale infrastructure across three service lines — Transportation (tunnels, railways, bridges, airports using Tunnel Boring Machine technology), Infrastructure (micro-tunneling, water and wastewater systems, siphons and treatment plants), and Construction (residential communities, sports complexes, governmental and commercial buildings). Its cumulative project portfolio exceeds $5 billion and includes flagship works such as the $988M Ismailia Tunnels and $680M Ahmed Hamdi Tunnel 2 beneath the Suez Canal, the $1.2B Egypt Light Rail Transit system (105 km, 19 stations), the $391M Greater Cairo Metro Line 4, and the $298M Mostakbal Misr irrigation transfer supporting Vision 2030.

The business model is project-based EPC contracting with sovereign and quasi-sovereign clients. Concord secures work through direct enterprise engagement with government authorities — the Egyptian Armed Forces Engineering Authority, National Authority for Tunnels, New Urban Communities Authority, Ministry of Water Resources and Irrigation, Suez Canal Authority, and Administrative Control Authority — and is expanding into Gulf markets through regional offices in Jeddah, Muscat, and the UAE. Pricing is contract-specific and not publicly disclosed; revenue is one-time, project-milestone based. The company reports a global workforce of more than 30,000 professionals, holds ISO 9001/14001/45001 certifications, and is one of five Egyptian construction firms in the UN Global Compact. Customer concentration is effectively 100% government and concentrated in Egypt, with active 2025 diversification into Saudi Arabia (Mecca water transmission) and Oman (ITICS partnership signed 2025-07-12, NAMA engagement).

Name

Concord For Engineering & Contracting

Legal name

Concord for Engineering & Contracting

Website

https://concord-ec.com

Company type

Private

Founded year

1989

Operating status

Operating

Headcount range

101–250 employees

Short description

Concord for Engineering & Contracting is a privately owned Egyptian EPC contractor founded in 1989, delivering large-scale transportation, water/wastewater, and construction projects for Egyptian and Gulf government authorities using TBM and micro-tunneling technology.

Ownership category

akta.pro rank

Product category

Engineering, Procurement and Construction Services

NAICS

Heavy and Civil Engineering Construction (237), Engineering Services (541330), Engineering Services (54133), Other Heavy and Civil Engineering Construction (2379)

SIC

Heavy Construction Other Than Bldg Const - Contractors (1600), Services-Engineering Services (8711)

akta.pro primary industry

Design-Build / EPC General Contracting (IMAFAAAD)

akta.pro secondary industries

Commercial General Contracting (New Build) (IMAFAAAA), Power Plant Electrical Systems EPC (Switchyard, Transformers, Protection & Controls) (EUAEAAAM)

Keywords

• Engineering procurement construction
• Infrastructure construction services
• Heavy civil engineering
• Transportation infrastructure
• Building construction contracting

Headquarters

HQ city

Cairo

HQ country

Egypt

HQ region

Africa

Offices4 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. EPC Contracts: Engineering, Procurement, and Construction contracts for large-scale infrastructure projects including transportation, water/wastewater, and commercial developments. Revenue generated through project-based contracting with government entities and private developers.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels6 records

Core offering

Concord For Engineering & Contracting is an Egypt-based EPC (Engineering, Procurement, and Construction) contractor founded in 1989 that delivers large-scale infrastructure, transportation, and building projects for government and public-sector clients across Egypt, the Kingdom of Saudi Arabia, the United Arab Emirates, and Oman. With a workforce of more than 30,000 employees, it executes turnkey projects through three integrated service divisions covering transportation networks, civil infrastructure, and vertical construction.

Product overview

Concord For Engineering & Contracting is an Egyptian privately owned engineering, procurement, and construction (EPC) company founded in 1989. The company offers a unified portfolio of large-scale infrastructure and construction services organized into three core divisions: Transportation (tunnels, railways, bridges, airports), Infrastructure (micro-tunneling, water systems, wastewater treatment), and Construction (residential communities, sports complexes, governmental buildings, commercial developments). Key flagship projects include the Ismailia Tunnels (Tahya Masr), Ahmed Hamdi Tunnel 2, Greater Cairo Metro Line 4, Egypt's First Electrified Light Rail Transit System (LRT), Egypt's First Express Electric Train (EET), Suez Canal siphons (Sarabium Siphon, Mahsma Siphon), Mostakbal Misr irrigation project, and New Alamein City Infrastructure. The company also develops real estate assets including Concord Gardens residential compound, Concord Plaza Mall, Maspero Towers, and Olympic City in the New Administrative Capital.

Differentiator

Problem solved

Functional benefit

Products and services

• Transportation Infrastructure Construction
• Civil Infrastructure Construction
• Building Construction Services

Quantifiable outcome

• Completed landmark projects including 5.8km twin tunnels under Suez Canal, 105km LRT system, major metro lines
• +1 more outcomes

Named customers6 records

Segments3 records

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Two partnerships are on record, tiered core and minor.

• Mohsen Hedar Darwish Group (ITICS)coreStrategic or Co-development Partner · 12 July 2025Strategic partnership for infrastructure, tunneling, general contracting, roads, logistics, and industrial projects in Oman and across the MENA region. The partnership aims to deliver innovative solutions and create lasting impact through collaborative project execution.
• NAMA CompanyminorStrategic or Co-development Partner · 12 July 2025Delegation from NAMA company in Oman visited Concord to learn about the company's achievements and history. Discussions focused on potential collaboration in infrastructure, tunneling, roads, and logistics solutions in Oman. Represents ongoing exploration of partnership opportunities in the region.

Scale indicators4 records

Recent moves7 records

Expansion highlights6 records

Regional players

• Rowad Modern Engineering: Egyptian EPC and construction firm focused on industrial, commercial and infrastructure projects. Comparable in scale and customer mix to Concord, though with less tunneling specialization; competes primarily in Egypt and Saudi Arabia.
• Galfar Engineering & Contracting: Oman's largest EPC contractor. Highly relevant given Concord's 2025 strategic partnership with ITICS in Oman; Galfar is the dominant local incumbent Concord will partner with or compete against for Omani infrastructure tenders.

Direct peers

• Orascom Construction PLC: Egyptian-listed EPC contractor with comparable portfolio in transportation, water and megaprojects across MENA. Directly competes with Concord on tenders from the National Authority for Tunnels, NUCA, and other Egyptian state clients, and shares exposure to GCC infrastructure markets.
• Arab Contractors (Osman Ahmed Osman & Co.): Egypt's largest state-affiliated general contractor and Concord's most direct domestic peer. Both companies execute large-scale transportation, tunneling, water and civil infrastructure projects for Egyptian government entities, and Arab Contractors was actually Concord's principal client when Concord was a subcontractor in the 1989-1994 period.
• El-Seif Engineering Contracting: Saudi-headquartered EPC contractor with deep MENA infrastructure track record in tunneling, metro and water. Comparable business model and customer base, especially for KSA-based megaprojects that Concord targets via its Jeddah office.
• Hassan Allam Holding: Egyptian private EPC and infrastructure group operating across transportation, water, power and construction. Competes for the same Egyptian megaprojects and GCC opportunities (especially in KSA and UAE) and has a similar privately-held ownership profile.

Broad incumbents

• China State Construction Engineering Corporation (CSCEC): World's largest construction contractor and a frequent participant in MENA megaprojects (airports, metro, urban development). Competes with Concord for the largest regional tenders and brings deeper balance sheet and supply-chain scale.
• Webuild (formerly Salini Impregilo): Global EPC specializing in complex transportation, tunneling and water infrastructure. Comparable capability set (TBM tunneling, metro, dams) and active in MENA; represents the type of international competitor Concord faces on premium megaproject tenders.
• Bechtel Corporation: US-headquartered global EPC with historic activity in MENA on rail, metro, airports and water projects. Competes for the highest-value regional megaprojects and serves as a benchmark for international EPC capabilities in the region.
• Vinci Construction: Global infrastructure and construction group with strong presence in MENA through specialty contracting and concessions. Overlaps with Concord in transportation and civil infrastructure, though with much broader geographic diversification.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/concord4eng
• LinkedInlinkedin.com/company/concordec
• Instagraminstagram.com/concord_ec

Compliance7 records

Revenue estimate

Valuation estimate

Number of profiles

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 Concord For Engineering & Contracting