VOL. XL

No. 28

14-July-1997

EGYPT

Voest-Alpine Wins $80Mn Steel Plant Contract

Voest-Alpine Industrieanlagenbau, a subsidiary of Austrian engineering group VATechnology AG, has won a contract worth 1bn Austrian Schillings ($80.6mn) to supply asteel plant for Suez Steel of Egypt, the group said in Vienna on 8 July. Voest-Alpine willbuild the plant, with a capacity of 600,000 tons/year, at Adabiya south of Suez town onthe west coast of the Gulf of Suez. It will be completed in 21 months.