ORASCOMCONSTRUCTION INDUSTRIES من اصل4 4
Moreover, OCI was awarded the contract to construct and install Egypt’s
first parabolic trough solar field in 2007.
additionally, OCI established a specialist foundations unit as a response to
the lack of specialist foundation and geotechnical engineering services
across North Africa and the Middle East (particularly the Gulf territories),
and expanded its presence in the UAE.
orascom was awarded Egypt’s first Public-Private Partnership (PPP)
project, the New Cairo Waste Water Treatment plant. The success of this
award established a blueprint for Egypt’s PPP legislation and was awarded
in 2010 both Water Deal of the Year by. global Water Intelligence and
“PPP African Deal of the Year” by Euromoney/ Project Finance Magazine.
2011, OCI formed Orascom Saudi Limited (OSL), a 60% owned joint
venture targeting infrastructure and industrial projects in saudi Arabia.
During that year, OSL was awarded $450 million worth of infrastructure
work at the King Abdul Aziz Airport in Jeddah
orascom also acquired Weitz Company ( Weitz ), a United States general
contractor based in Des Moines, Iowa. Weitz allowed orascom to establish
a strong presence in the United States construction market for the first time.
2013, Watts Constructors, a former Weitz wholly owned subsidiary
focused on federal projects in the United States and the Pacific m, was
consolidated into Contrack due to the complementary nature of their
activities. OCI S.A.E. becomes OCI N.V., a Dutch company listed on the
NYSE Euronext in Amsterdam.
furthermore, Orascom has recently announced significant infrastructure
projects in Egypt related to the Suez Canal expansion and become listed on
the NASDAQ Dubai. OCI also announced the construction and investment
in Egypt’s first coal fired power plant.