Orascom Construction adds USD 825 mn to its backlog in 4Q2018: Our friends at Orascom Construction added USD 825 mn to their backlog in 4Q2018 through new awards, the company said in a statement. 60% of the new awards were in Egypt and Africa, while the rest were in the US. This addition brings the total of value of new awards in 2018 up significantly to USD 2.3 bn. The value of the company’s total backlog at the end of 2018 now stands at an estimated USD 4.2 bn, the statement said.

Tags: