Innovo has announced the signing of a partnership agreement with the Gabonese government, valued at €350m, to develop two major infrastructure projects in Gabon.
The signing ceremony took place in Cairo, Egypt, and was attended by representatives from the Gabonese Ministry of Public Works.
This strategic collaboration marks a significant milestone in Innovo’s expansion across Africa and aligns with Egypt’s vision to strengthen its diplomatic and economic ties with Gabon.
The first project, located in Port-Gentil, involves Innovo constructing a stormwater network and a wastewater treatment plant. The second project focuses on providing roadway lighting for the highway connecting Port-Gentil and Omboue City.
Sameh Fam, CEO of Innovo Build, said: “We are proud to contribute to these transformative projects that will improve the quality of life in Port-Gentil and beyond. This partnership exemplifies our commitment to positively impacting the communities we serve.”
Mohamad Gamal, Managing Director of Innovo Build Egypt, stated: “These projects not only enhance Gabon’s infrastructure but also align with Egypt’s broader vision of fostering regional cooperation with African nations.”
This partnership underscores Innovo’s dedication to driving sustainable development through collaborations across the continent. Innovo is committed to delivering top-quality construction services and continues to contribute to the economies and communities in which it operates.
The agreement is part of the EGAAD (Egyptian African Arab Company for Development) consortium, which was established with the Gabonese Government.
With 35 years of experience in the Middle East, Innovo’s portfolio includes commercial hubs, urban infrastructure, luxury residential developments, and iconic high-rises. Innovo is headquartered in London, with offices in Dubai, Abu Dhabi, Canada, Egypt, Senegal, and Saudi Arabia.
