Unit of Dubai’s Drake & Scull Wins Egypt Wastewater Contract

A consortium including a subsidiary of Dubai’s Drake and Scull has won a 545 million dirhams ($147 million) contract to build a wastewater treatment plant in Egypt, the firm said on Monday.

The consortium is led by Egypt’s Hassan Allam Sons and includes Passavant-Roediger GmbH, a wholly-owned German subsidiary of Drake & Scull International, and Spain’s Acciona.

“Passavant’s contract value for the construction and set up of the Stage 2 of Phase 2 of Gabal Al Asfar Waste Water Treatment Plant development is 179 million dirhams ($48 million),” Drake and Scull said in a bourse statement.

Source: Reuters

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