Orascom Construction along with Arab Contractors won the contract for $739mn
Orascom Construction has announced that it has been awarded a $739 million contract to build a water treatment plan in Egypt. Orascom won the contract in a joint venture with Arab Contractors.
The deal was awarded by the Egyptian government through its Armed Forces Engineering Authority. The JV will provide engineering, procurement, and construction (EPC) services for the Bahr Albaqar wastewater treatment plant located in the north-western part of the country.
This will be Egypt’s largest wastewater treatment plant with a capacity of 5 million cu m/day and will be used for irrigation purposes. According to Orascom Construction, scope of work also includes operating and maintaining the facility for five years.
Commenting on the win, Orascom’s CEO Osama Bishai said: “This award is a continuation of Orascom Construction’s expansion in the water sector, which spans all types of projects across the full spectrum including desalination, wastewater treatment, irrigation and water infrastructure.”
“Furthermore, the group has secured operation and maintenance (O&M) contracts on most of its water projects for a period of one to five years in addition to the EPC role.”
“We are proud of our involvement in the largest water treatment plant in Egypt. This project not only reflects our leading position in the water and O&M fields, but also in the infrastructure sector as a whole,” he added.