Egypt's OCI signs $146m Abu Dhabi contract

Reuters, Wednesday 2 Mar 2011

Leading construction Egyptian firm extends business in UAE

Egypt's Orascom Construction (OCI)  said on Wednesday it signed a US$146 million contract in Abu Dhabi with Tecnimont SpA and Samsung Engineering Company  in a joint venture to finish civil works and building projects.

"This award affirms the group's goal of expanding its international operations and its continued strategy to pursue projects in Abu Dhabi," Orascom's Chief Executive Officer Nassef Sawiris said in a statement.
 

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