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  • 06-03-16

    UAE Orascom sings USD 200mn deals for industrial projects

    (MENAFN) Orascom Construction signed deals for three industrial projects in Egypt and Algeria value a combined USD 200mn.

    Furthermore, the two other contracts, value USD 180mn are both in Algeria, while one is for the construction of a greenfield cement plant.

    Additionally, the other one covers infrastructure work for a new industrial project, and these new contracts build on its substantial track record in Algeria.

    The West Nile Delta project is a USD 12bn scheme which will see 5tr cubic feet of gas and 55mn barrels of condensate extracted.

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