Sabbour Consulting is bidding for two design contracts related to work on the Dabaa nuclear power plant, founder and Chairman Hussein Sabbour tells Al Shorouk. Sabbour has already been awarded three contracts for the project and will be joining other suitors in bidding for 100 other contracts that Russia’s Rosatom — which is running point on the project — still intends to tender. Last we heard, Rosatom had begun procedures to obtain the licenses needed to build and operate power plant, with sources suggesting that the extent of red tape entailed could cause a delay in the timeline for construction, which is scheduled to begin by 2020. We had also heard last month that Egypt is reportedly due to receive the first tranche of a loan from Moscow this month. Loans from Russia are covering 85% of the the USD 30 bn plant’s cost.
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