Orascom Construction added USD 770 mn to its backlog in 4Q2019, growing the value of current projects under construction to USD 5.2 bn, up from USD 4.3 bn at the same time last year, according to a company statement.

Projects in Egypt account for the lion’s share of the backlog: Some 70% of the new projects underway in Egypt cut across infrastructure, healthcare and logistics. Other projects undertaken by the group are US awards including student housing and data centers.

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