Orascom Construction added USD 750 mn to its project backlog in 3Q2017 in the Middle East, mainly Egypt, and the United States, the company said in a statement issued yesterday (pdf). USD 550 mn of the total is in projects related to infrastructure and select buildings work in Egypt, while the rest is comprised mostly of commercial and federal infrastructure work for Weitz and Contrack Watts in the US. “We had indicated that we are pursuing an active bidding pipeline in MENA and USA, and remain confident that we will continue to sign more projects that fit our criteria,” CEO Osama Bishai says.

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