Orascom Construction wins three contracts worth $200m in Algeria and Egypt

WCN Editorial Team 8 Mar 2016 AFRICA BUILDINGS

Orascom Construction has secured three industrial and infrastructure projects worth $200m in Algeria and Egypt.

 

In Algeria, Orascom Construction received a contract for part of a greenfield cement plant with a daily capacity of 6,000 tonnes for a private sector client.

 

The company has also received another contract for infrastructure work for an industrial complex in the country. In total, the two contracts are valued at $180m.

 

In addition, National Steel Fabrication, Orascom Construction’s building materials unit, has won a $20m contract to manufacture and supply all structural steel for the West Nile Delta gas development project in Egypt.

 

Orascom Construction CEO Osama Bishai said: “These new construction contracts build on our substantial track record in Algeria that stretches across a number of sectors including power, water desalination, petrochemicals and cement.

 

“We are also pleased to receive a large order to fabricate and supply the steel structure for an important gas development in Egypt, and look forward to further participating in this sector through our construction group and NSF.”

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