Middle East Economic Survey
Orascom Wins $258Mn Abu Qir Power Plant Contract, KFAED Signs Second Loan Agreement
Egypts Orascom Construction Industries was awarded a $258mn civil works contract by the state-owned West Delta Electricity Production Company to build the new 1.3gw thermal power plant at Abu Qir. The scope of the work includes piling, concrete works, stack and the procurement, fabrication and erection of steel structures, Orascom said. Just three days...