Company Research Report: Hassan Allam Holding

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Company Overview

• Name: Hassan Allam Holding

• Mission: To deliver high-quality engineering, construction, investment, and development services while focusing on market differentiation, timely deliveries, and strategic investments.

• Founded: Established in 1936 by Hassan Mohamed Allam.

• Key People: No specific key people mentioned.

• Headquarters: No information is available.

• Number of Employees: 50,000 employees.

• Revenue: No information is available.

• Known for: Leading enterprise with extensive operations in engineering and construction, and investment and development in Egypt, Africa, and the MENA region.

Products

Engineering & Construction

• Overview: Provides innovative turnkey solutions across the entire construction cycle. Known for expertise in hospitality, airports, power generation, industrial and wastewater treatment plants.

• Companies:

• Hassan Allam Construction

• Hassan Allam Roads & Bridges

• Kortech

• Intech

• Saudi Tunneling Company for Contracting (STCC)

• 3S Ready Mix Concrete

• Jinet

• Eden Facility Management

• PGESCO

• Bioworks AG

• CORE Engineering Specialized Works

• Hassan Allam Trading & Engineering

• Manufacturing Capabilities:

• Ready-Mix Concrete

• Aggregates

• Concrete Products

• Reinforced Concrete Pipes

• Wood Products

• Resinous Flooring & Waterproofing

Investment & Development

• Overview: Focuses on sustainable infrastructure to address service and availability gaps in water, energy, transport and logistics, and social infrastructure in Egypt and the MENA region.

• Four Key Verticals:

1. Water: Desalination, wastewater treatment, closed community water management.
2. Energy: Electricity generation, distribution, utilities management, district cooling, green hydrogen, electric vehicle charging.
3. Transport & Logistics: Warehousing, logistic parks, airport cargo handling, industrial parks, 3PL, dry ports.
4. Social Infrastructure: Education, museums, and arts.

Recent Developments

• New Products/Features: No specific new products or features are mentioned.

• Partnerships:

• Joint venture with Agility, forming YANMU to develop logistics parks in Egypt.

• Partnership with Ibnsina Pharma and Haier for collaborative projects.

• Strategic partnership with Nesma to enhance logistics infrastructure.

• Projects:

• Construction awarded for Noatum Ports – Safaga Terminal Infrastructure.

• Complete construction works for stages of the Ramhan Island Development Project.

• Collaboration for financial closure of a 1.1GW Suez Wind Farm project.

Historical Highlights

• Key Moments:

• 1938: Secured a major contract for El Kassaseen Hospital.

• 1979: Entered the Saudi Arabian market.

• 2016: IFC became a minority shareholder.

• 2023: Launched Business Innovation Hub.

• Notable Projects:

• Grand Egyptian Museum

• New Alamein Towers

• Benban Solar Park Project

Sustainability and Social Responsibility

• Commitment: The firm developed a Sustainability Strategy (2022-2030) based on four pillars: Steering the Future, Rewiring the Economy, Empowering Humanity, and Preserving our Planet.

• Achievements:

• 50% of Hassan Allam Utilities’ portfolio comprises green investments.

• Employee satisfaction reported at over 80%.

• Numerous sustainability-led projects like the Sharm El Sheikh Solar Power Plant and Mahsama Water Treatment Plant.

Conclusion

Hassan Allam Holding is a major player in the field of engineering and construction, as well as investment and development, with a foothold in sustainable infrastructure. With its robust portfolio and strategic partnerships, it continues to impact the MENA region's infrastructure landscape while remaining committed to sustainability and innovation.