{"id":563554,"date":"2021-07-07T04:00:06","date_gmt":"2021-07-07T04:00:06","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2021\/07\/07\/orascom-construction-adds-usd-1-1-bn-new-awards-in-2q2021\/"},"modified":"2021-07-07T04:00:06","modified_gmt":"2021-07-07T04:00:06","slug":"orascom-construction-adds-usd-1-1-bn-new-awards-in-2q2021","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2021\/07\/07\/orascom-construction-adds-usd-1-1-bn-new-awards-in-2q2021\/","title":{"rendered":"Orascom Construction adds USD 1.1 bn new awards in 2Q2021"},"content":{"rendered":"

Orascom Construction added new awards worth USD 1.1 bn to its backlog during 2Q2021<\/strong>, the company said in a statement<\/a>. Egypt's projects accounted for 32% of new awards in the water and industrial sectors, while the remaining 68% were for data center projects in the US. In 1H2021, the company netted USD 1.8 bn in new awards.<\/p>\n","protected":false},"excerpt":{"rendered":"

Orascom Construction added new awards worth USD 1.1 bn to its backlog during 2Q2021, the company said in a statement. Egypt's projects accounted for 32% of new awards in the water and industrial sectors, while the remaining 68% were for data center projects in the US. In 1H2021, the company netted USD 1.8 bn in […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[7278],"tags":[72,7111,363,364],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-563554","post","type-post","status-publish","format-standard","hentry","category-infrastructure","tag-enterpriseam","tag-infrastructure","tag-orascom-construction","tag-water","wpautop","entry"],"acf":{"mongo_id":"3d742cc5-a099-482f-9d96-65d480444bdf","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[563543],"teaser":"","voice_url":""},"yoast_head":"\nOrascom Construction adds USD 1.1 bn new awards in 2Q2021 - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2021\/07\/07\/orascom-construction-adds-usd-1-1-bn-new-awards-in-2q2021\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Orascom Construction adds USD 1.1 bn new awards in 2Q2021\" \/>\n<meta property=\"og:description\" content=\"Orascom Construction added new awards worth USD 1.1 bn to its backlog during 2Q2021, the company said in a statement. Egypt's projects accounted for 32% of new awards in the water and industrial sectors, while the remaining 68% were for data center projects in the US. 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The firm added new awards worth USD 785 mn to its backlog in 4Q2021, the statement added. Projects in the MENA region \u2014 including\u2026","rel":"","context":"In "Infrastructure"","block_context":{"text":"Infrastructure","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/infrastructure\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":567202,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/01\/15\/orascom-construction-adds-usd-770-mn-in-new-awards-to-4q-2019-backlog\/","url_meta":{"origin":563554,"position":1},"title":"Orascom Construction adds USD 770 mn in new awards to 4Q 2019 backlog","author":"enterpriseam admin","date":"15 January 2020","format":false,"excerpt":"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\u2019s share of the backlog:\u2026","rel":"","context":"In "Speed Round"","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":593706,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/10\/08\/orascom-construction-adds-usd-1-3-bn-in-new-awards-to-backlog-in-3q-2019\/","url_meta":{"origin":563554,"position":2},"title":"Orascom Construction adds USD 1.3 bn in new awards to backlog in 3Q 2019","author":"enterpriseam admin","date":"8 October 2019","format":false,"excerpt":"Orascom Construction has added USD 1.3 bn to its backlog in 3Q2019, up 30% compared to a year earlier, the company said in a statement (pdf). The new projects bring the company\u2019s outstanding consolidated backlog to USD 5.1 bn as of 30 September 2019, compared to USD 4.2 bn last\u2026","rel":"","context":"In "Speed Round"","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":565716,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/04\/26\/oc-is-having-a-good-quarter\/","url_meta":{"origin":563554,"position":3},"title":"OC is having a good quarter","author":"enterpriseam admin","date":"26 April 2021","format":false,"excerpt":"The EGX30 fell 0.7% at today\u2019s close on turnover of EGP 985 mn (23.5% below the 90-day average). Regional investors were net sellers. The index is down 3.0% YTD.In the green: Qalaa Holdings (+2.0%), Eastern Co. (+1.6%) and ElSewedy Electric (+1.1%).In the red: Oriental Weavers (-16.2%), Telecom Egypt (-6.1%) and\u2026","rel":"","context":"In "GO WITH THE FLOW"","block_context":{"text":"GO WITH THE FLOW","link":"https:\/\/enterpriseam.com\/egypt\/category\/go-with-the-flow\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":559731,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/02\/02\/orascom-construction-nets-usd-920-mn-in-awards-in-4q2020\/","url_meta":{"origin":563554,"position":4},"title":"Orascom Construction nets USD 920 mn in awards in 4Q2020","author":"enterpriseam admin","date":"2 February 2021","format":false,"excerpt":"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. 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