Orascom Construction has announced that its 50:50 joint venture (JV) with Arab Contractors has signed an engineering, procurement, and construction (EPC) contract worth USD 739 mn to build a water treatment plant in Egypt, Invest-Gate reports.
Slated to be the the largest in the country, the treatment plant will have a capacity of 5 mn cubic meters per day and will treat water for irrigation purposes, according to a press release on May 2. The JV will operate and maintain the facility for five years.
“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,” the company added in the statement.
Osama Bishai, CEO of Orascom Construction, commented, “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.”
Furthermore, the group has secured operation and maintenance (O&M) contracts on most of its water projects for
a period of 1-5 years in addition to the EPC role.