20-strong firm will add to consultant’s 1,000-person team in Middle East

Turner & Townsend has acquired an Egyptian cost management and quantity surveying firm.

Founded in Cairo, ValueMetric Consultants (VMC) was previously privately owned and has worked across Greater Cairo, the North Coast, the Nile Delta and the Red Sea region.

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Cairo skyline and the River Nile

Its acquisition by Turner & Townsend (T&T) is part of a move to strengthen the firm’s footprint in the Middle East, where it has an existing team of more than 1,000 staff.

VMC has a 20-strong team led by Ayman El-Ghazzawi, who will take on the role of country manager for T&T in Egypt, reporting to Alan Talabani, managing director for the Middle East. El-Ghazzawi has previously worked in the company’s UK business.

Talabani said the acquisition marked “an exciting milestone as we expand our cost and commercial management offering into Egypt, a market full of opportunity and potential”.

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“As investment continues to accelerate across key real estate sectors in the Middle East, this allows us to strengthen our presence in North Africa and enhance the support we provide our clients across the region,” he said.

El-Ghazzawi added: “In combining our deep expertise in cost management with the strength and capability of Turner & Townsend, we are ensuring that we continue to set the bar high for our clients and their projects.”

 

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