Orascom Construction wins $200 million Egypt, Algeria contracts

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Orascom Construction Limited has won $200 million of building contracts for three projects in Algeria and Egypt, the firm announced in a Sunday statement.

The two contracts in Algeria, totaling $180 million, will require Orascom to build a new cement plant with a daily capacity of 6,000 tonnes for a private sector client in addition to some infrastructure works for an industrial complex.

The statement further added that National Steel Fabrication, a fully-owned subsidiary of Orascom, had also won a $20 million contract in Egypt to manufacture and supply all structural steel for a West Nile Delta gas project.