Nasr Company for Civil Works (NCCW) is a publicly traded Egyptian construction firm, established on February 6, 1965. The company specializes in a wide array of civil engineering projects, including irrigation systems, bridges, utilities, electricity networks, roads, railways, land reclamation, tunnels, ports, and marine constructions. Additionally, NCCW is involved in constructing public and residential buildings, equipping hospitals and hotels, and engaging in real estate and tourism investments. The company's mission is to deliver comprehensive construction solutions that contribute to Egypt's infrastructure development.
Key Strategic Focus
NCCW's strategic focus encompasses the development and execution of diverse civil engineering projects that are pivotal to Egypt's infrastructure. The company leverages its expertise in various construction domains to address the nation's growing infrastructural needs. By undertaking projects in irrigation, transportation, and urban development, NCCW aims to enhance its market position and contribute significantly to the country's development.
Financials and Funding
As of March 11, 2025, NCCW's market capitalization stood at approximately EGP 605 million. The company reported net sales of EGP 480 million in 2023, a substantial increase from EGP 180 million in 2022. Net income also improved, rising from a loss of EGP 21.98 million in 2022 to a profit of EGP 13.92 million in 2023. The company's financial health is further underscored by a net debt position of EGP 100 million in 2023, indicating a strong balance sheet.
Leadership Team
NCCW's leadership comprises experienced professionals dedicated to steering the company towards its strategic objectives:
- Mushira Kamal Abdel Maksoud El Maghraby: Chairman, representing Madinet Masr Housing and Development.
- Mustafa Mohamed Mohamed El Wakil: CEO, also representing Madinet Masr Housing and Development.
- Ahmed Abdel Moneim Madbouli: Board Member, representing Madinet Masr Housing and Development.
- Youssef Mohammed Yusuf Sheikh: Board Member, representing the Holding Company for Construction and Development.
- Ahmed Hussein El Sayed Al Azab: Board Member, representing Madinet Masr Housing and Development.
- Mohamed Ezzat Ahmed: Board Member, representing Madinet Masr Housing and Development.
- Mohamed Moussa El Saied Shoeib: Board Member, representing the Holding Company for Construction and Development.
- Basant Mohamed Madin: Board Member, representing the Holding Company for Construction and Development.
- Mohamed Lashin Ahmed Ibrahim: Board Member, representing Madinet Masr Housing and Development.
Competitor Profile
NCCW operates within Egypt's construction and engineering sector, a market characterized by steady growth due to ongoing infrastructure projects. Key competitors include:
- Wadi Kom Ombo For Land Reclamation (CASE:WKOL): Market capitalization of approximately EGP 521.3 million.
- Development & Engineering Consultants (CASE:DAPH): Market capitalization of approximately EGP 1.2 billion.
- El-Saeed Company for Contracting and Real Estate Investment SCCD (S.A.E.) (CASE:UEGC): Market capitalization of approximately EGP 790.5 million.
- Acrow Misr (CASE:ACRO): Market capitalization of approximately EGP 3.9 billion.
These companies, like NCCW, are engaged in various construction and engineering projects, contributing to the competitive landscape of the industry.
Strategic Collaborations and Partnerships
NCCW has engaged in significant collaborations to bolster its market position. Notably, the company, in consortium with other firms, signed a €46 million agreement with Uganda, reflecting its strategic intent to expand its footprint beyond Egypt.
Operational Insights
NCCW's strategic considerations involve leveraging its extensive experience in civil engineering to maintain a competitive edge. The company's diversified project portfolio and commitment to quality position it favorably against competitors. By focusing on infrastructure projects critical to national development, NCCW aims to sustain its market relevance and drive growth.
Strategic Opportunities and Future Directions
Looking ahead, NCCW is poised to capitalize on Egypt's infrastructure development plans. The company's expertise in diverse construction projects positions it to secure new contracts and expand its operations. By exploring opportunities in regional markets and forming strategic alliances, NCCW aims to enhance its growth trajectory and contribute to broader infrastructural advancements.
Contact Information
- Website: www.elnasrcivilworks.com
- Headquarters: Cairo, Egypt
