Orascom Construction has won US$200mn worth of building contracts in Algeria and Egypt, Reuters has reported
The contracts awarded in Algeria will require the firm to build a new cement plant with a daily capacity of 6,000 tonnes for a private sector client along with some infrastructure work for an industrial complex, all worth US$180mn.
Meanwhile in Egypt, the Orascom revealed that its subsidiary, National Steel Fabrication, has won a contract worth US$20mn to manufacture and supply all structural steel for a West Nile Delta gas project.
Earlier this January, Orascom had stated it had won a US$420mn contract to revamp power plants owned by the Egyptian government
The company is also part of a consortium which has completed building the Assiut and West Damietta plants in 2015, and has partnered with an alliance of government-owned Arab contractors that have been awarded contracts to complete digging six tunnels for the Suez Canal, a project set to be completed in the coming two years.
