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Bani Sweif

Project     : Bani Sweif
Location   : Bani Swief, EGYPT
Cost      : L.E ≃ 1,400 MILLION

Description  :

Billet & steel Rebar factory owned by IIC, (The International Investment company).

Located in Bani Swief governorate, land area 500,000 m3 & cost investment 1,386 million EGP.

The factory was contracted on TURN-KEY basis with an Italian company DANIELI well reputable

Italian supplier for steel plants.

The factory is Minimill technology (compacted & environmental friendly) with a total

capacity is 830,000 T.P.Y. (530,000 T.P.Y. for rebar & 300,000 T.P.Y. Billets).

This Minimill is composed of Rolling Mill Units & to be implemented in 17 months& a Melt shop unit to be implemented in 21 months.

 

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EPM'S CONTRIBUTIONS & SERVICES:

Independent Engineering Services for the financing bank (Bank Misr & Bank Audi) To Include :-
  • Provided a comprehensive Initial report on the Project.
  • Provide comprehensive reporting during construction to include:
  • Reviewing actual progress against planned.
  • Review of expenditure and projected cash flows.
  • Identify possible delays.
  • Update on planning and statutory consents.
  • Overview of the performance of the developer, consultant and
  • contractor as for their compliance with their respective
  • obligations and duties.
  • Recommendations on the drawdown of funds against the value
  • of work completed.
  • Monitor and report on project variations and changes.

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