Rosatom’s Atomstroyexport (ASE) aims to issue 20 tenders for construction and management projects for the USD 30 bn Dabaa nuclear power plant that Russia is building in Egypt, ASE Egypt director Anatoly Kovtunov told the local press. Kovtunov didn’t specify a timeframe, but said last year the company issued 30 tenders for projects. Petrojet has signed a contract with the Russian company, and two other Egyptian companies are expected to ink agreements by the end of the year, Kovtunov said without naming the companies or elaborating on the contracts. The company is also in talks with Orascom Construction, Hassan Allam and Arab Contractors, he said. Rosatom in July canceled a tender for local companies to conduct site preparations after offers exceeded the USD 18 mn bid ceiling.
More from Enterprise
Your points are currency, treat them like one
Most people treat credit card points like a pleasant surprise:…
How should young people think about money and budgeting?
Your income and your time are your biggest assets in…
Thndr is layering up its stock-trading platform and integrating wealth management
The platform has added on digital gold, fractional real estate,…
The apps reshaping how we manage money
Today, users can invest in stocks, gold, or money market…