PCE Supervises 100 Projects with Total Investments of EGP 300 Billion
PCE Engineering Consultancy Currently Oversees 100 Projects Worth EGP 300 Billion, Targets EGP 400 Billion Portfolio by 2027
Cairo – Precision Consulting Engineering (PCE) is currently supervising the design and execution of approximately 100 projects with a combined investment value of EGP 300 billion, while targeting an expansion of its business portfolio to EGP 400 billion by 2027, according to Eng. Walid Sweida, Chairman of PCE, in an interview with Al Borsa Newspaper.
Eng. Sweida stated that, since its establishment, PCE has successfully delivered more than 700 projects across Egypt and international markets, leveraging over 15 years of experience throughout the Gulf region, Africa, and Europe.
The company is currently supervising engineering projects in Italy, Saudi Arabia, the UAE, and Kenya, and operates representative offices in Riyadh, Sharjah, and Italy. As part of its regional expansion strategy, PCE is planning to establish new offices in Iraq, Libya, Oman, and Ghana.
He added that PCE is overseeing nearly 50 international projects with a total investment value of approximately EGP 200 billion, reflecting the company's strategy to diversify its project portfolio and strengthen its presence in global markets.
PCE also collaborates with more than 30 real estate developers on residential, administrative, and commercial developments across New Cairo, 6th of October City, Sheikh Zayed, the New Administrative Capital, and the North Coast.
Among its ongoing projects, the company is supervising the execution of COVLO, an administrative development by Tatweer Misr in Mostakbal City, spanning 80,000 square meters with investments estimated at EGP 3 billion.
PCE is also supervising a fully integrated residential project for Tabarak Developments in the Sheraton Residences area. The project covers 370,000 square meters with an estimated investment value of EGP 10 billion.
In addition, the company is overseeing another integrated residential development for The MarQ Communities in Mostakbal City, extending over 1 million square meters with total investments of approximately EGP 7 billion.
Commenting on the Egyptian real estate market, Eng. Sweida emphasized that the sector has remained resilient despite current economic challenges. He encouraged developers to accelerate project execution and build strategic inventories of construction materials to mitigate the impact of potential price increases and rising construction costs.
He concluded that the Egyptian real estate market remains one of the strongest in the region, supported by sustained population growth, strong genuine demand for housing, and the continued perception of real estate as one of the most reliable assets for preserving wealth.
