Orascom Construction (OC) secured almost USD 920 mn in new awards in 4Q2020, bringing the total value of projects added to its backlog in 2020 to USD 2.9 bn, the company said in a press release (pdf) yesterday. Some 62% of awards during the quarter were for projects in Egypt, while the remainder came from projects in the US. OC’s estimated consolidated backlog was valued at USD 5.3 bn by the end of the year.

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