FOR IMMEDIATE RELEASE Innovo Signs Landmark Agreement with Gabonese Government

By Mahmood Elaraby From Economic Gate

Cairo, Egypt – 4 December 2024 – Innovo announces the successful signing ceremony of a groundbreaking partnership with the Gabonese Government to construct two major infrastructure projects, with a total value of 350 million Euros, in Gabon.
A signing ceremony took place in Egypt, Cairo, with Anicet Mangounba, Minister’s Chief of Staff, members of the governmental official committee, and the Gabonese Ministry of Public Works.
This strategic collaboration marks a significant milestone for Innovo as it embarks on its expansion across the African continent, supporting Egypt’s vision to strengthen ties with Gabon.
The first project is located in Port-Gentil, where Innovo will construct a stormwater network, along with a wastewater treatment plant. For the second project, Innovo will construct roadway lighting in the connecting highway between Port-Gentil City and Omboue City.
Sameh Fam, CEO, Innovo Build commented, “We are proud to play a role in these transformative projects aimed at improving the quality of life in Port-Gentil City and beyond. This collaboration reflects our dedication to contributing positively to the communities we serve.”
Mohamad Gamal, MD, Innovo Build Egypt added, “These projects will not only enhance infrastructure in Gabon but also align with the broader vision of regional cooperation between Egypt and African countries”
This partnership flags Innovo’s commitment to fostering sustainable development through partnerships across the continent, and commitment to delivering high-quality construction services, and our wish to continue to drive forward initiatives that boost the economies and communities Innovo operate in.
The agreement has been developed as a part of EGAAD (Egyptian African Arab Company for Development) consortium, established with the Gabonese Government.
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About Innovo
Innovo, an industry leader in construction and innovation across the built environment, specialises in the construction, development, design, engineering, and financing of major infrastructure and real estate projects across four continents.
Building on 35 years’ experience as a leader in the Middle Eastern built environment, Innovo’s portfolio includes a vast range of major projects, including, major commercial hubs and critical urban infrastructure, luxury branded residential developments, and iconic high-rise towers. Innovo is committed to using cutting-edge, transformative technology, working sustainably across the value chain and combining diverse expertise from its extensive workforce to create trusted industry relationships.
Innovo is headquartered in London, UK, with offices in Dubai, Abu Dhabi, Canada, Egypt, Senegal, and KSA. For more information, visit the Innovo website.