Innovo signs landmark agreement with Gabonese Government

Innovo announced 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, Managing Director at 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.