Orascom Construction (OC) announced adding USD 650 mn in new contracts to its backlog in 4Q2017. “New projects in Egypt accounted for the largest share, comprising approximately USD 580 mn across a wide range of sectors including renewable energy, marine and commercial buildings. In addition, the Group’s subsidiaries in the US added new projects amounting to approximately USD 70 mn mainly in the private sector,” OC says.
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