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Egypt Procurement News Notice - 19114


Procurement News Notice

PNN 19114
Work Detail Orascoms updated portfolio includes work in Egypts New Administrative Capital and Al Alamein Egypt’s Orascom Construction signed approximately $985m of new awards in the Middle East and Northern Africa (Mena) during the first nine months of 2018, $300m of which were added in the third quarter of the year. In its nine month (9M) results released on 27 November, the group said it has capitalised on its “strong positioning in the water sector and added new water-related projects in the New Administrative Capital and Al Alamein". Meanwhile, in other markets, the expansion of Fujairah International Airport in the UAE is under way, with the group continuing to target specific projects and sectors across Mena.
Country Egypt , Northern Africa
Industry Services
Entry Date 21 Jan 2019
Source https://www.constructionweekonline.com/article-50849-egypt-contractor-orascom-reveals-985m-new-contract-wins-in-9m-2018

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