Egypt’s Orascom Construction revealed on November 5 that it added USD 520 mn of new awards to its backlog in Q3 2018, of which Egypt accounts for about 60% of the new awards, while the US represents the remainder, Invest-Gate reports.

“New awards in Egypt were mainly across the infrastructure and wastewater treatment sectors as [Orascom] strengthened its leadership position in these market segments,” the company said in an official statement.

As for the US, Orascom “maintained the improved level of new awards achieved in the second quarter,” in addition to inking some new contracts across the private-sector commercial and light industrial sectors.

“BESIX added approximately EUR 380 mn of new projects in Q3 2018, bringing its total new awards to EUR 1.9 bn and backlog to EUR 3.2 bn as of the end of the third quarter,” Orascom adds.

According to the statement, the company’s consolidated backlog as of September 30 stood at USD 4.1 bn.