Procurement
Developing a Strong and Adaptive Supply Chain
GIECO is a leading EPC contractor with a strong presence in Egypt, Gabon, Libya, and several other countries. Our expertise encompasses a wide range of industrial and civil projects that have been successfully completed across these regions.
Our extensive experience and proven track record in delivering successful projects in the construction sector have positioned us as a preferred partner for key initiatives, such as Egypt’s naval base and commercial ports. These significant undertakings require meticulous planning and preparation throughout the design and construction process, ensuring a focus on maintaining Egyptian maritime security in the Mediterranean and enhancing maritime economic resources.Moreover, GIECO is dedicated to expanding its footprint in Gabon, Libya, and beyond, adapting to the unique challenges and opportunities in each market. Our commitment to quality, safety, and innovation enables us to meet the diverse needs of our clients, contributing to the development of critical infrastructure in the regions we serve.
Procurement Initiatives
Local Vendor Development Program
Centralized Digital Procurement System
Equipment Leasing Partnership Framework
1- Local Vendor Development Program
GIECO has launched a long-term program to engage and qualify local Egyptian manufacturers and suppliers, reducing dependency on imports and boosting local economic participation.
2- Centralized Digital Procurement System
Implementation of an integrated e-procurement platform that connects project sites, engineering departments, and suppliers in real-time to ensure transparency, cost control, and efficiency.
3- Equipment Leasing Partnership Framework
GIECO established a leasing model for selected equipment to optimize fleet usage, especially in joint ventures and temporary remote projects, in collaboration with regional equipment providers.3
The Procurement Process
Needs Identification
Define required goods or services and align with stakeholders.
Supplier Selection
Evaluate suppliers based on quality and pricing.
Request for Proposal
Send RFP / RFQ and collect proposals.
Proposal Evaluation
Compare cost, quality and timelines.
Purchase Order
Issue PO and ensure quality compliance.
