
Tuesday, March 8, 2016
Orascom Construction three new contracts in North Africa, two in Algeria and another in Egypt. In Algeria two contracts will require it to build a new cement plant with a daily capacity of 6,000 tons for a private sector client plus some infrastructure work for an industrial complex. The two Algerian contracts are worth a combined $180 million.
In Egypt Orascom subsidiary, Subsidiary National Steel Fabrication, won a $20-million contract to manufacture and supply all structural steel for a West Nile Delta gas project.