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| Egypt OCI wins $258 mln power plant contract |
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| Written by Egypt News | |
| Thursday, 19 March 2009 | |
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The contract covers procurement, fabrication and erection of steel
structures as well as piling and concrete works for a new 1,300
megawatt steam-powered power plant in Abu Qir, near Alexandria. The firm is currently constructing a number of power plants in Egypt and Algeria with a total power generation of 4,150 megawatts. Egypt's largest listed builder and fertilizer maker, Egypt’s Orascom Construction Industries said Monday that its construction group secured a record $5.47 billion in new orders in 2008 and ended the year with a consolidated construction backlog of $6.93 billion.
Related Articles: OCI to supply Brazil with fertilizers OCI net profit up 230%, Telecom Egypt 10% Egypt OCI wins $740 million contract in Qatar Egypt OCI Q3 profit up 293 pct Egypt OCI to buy back more shares in next month
Egypt OCI secures loan, buys own shares
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