{"id":596824,"date":"2019-07-09T04:28:26","date_gmt":"2019-07-09T04:28:26","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2019\/07\/09\/orascom-construction-adds-usd-935-mn-of-backlog-in-2q\/"},"modified":"2019-07-09T04:28:26","modified_gmt":"2019-07-09T04:28:26","slug":"orascom-construction-adds-usd-935-mn-of-backlog-in-2q","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2019\/07\/09\/orascom-construction-adds-usd-935-mn-of-backlog-in-2q\/","title":{"rendered":"Orascom Construction adds USD 935 mn of backlog in 2Q"},"content":{"rendered":"<p><b>Orascom Construction boosts backlog with USD 935 mn in new projects in 2Q2019:<\/b> Orascom Construction has added USD 935 mn to its backlog in 2Q2019, up 40% compared to a year earlier, <a href=\"http:\/\/www.egx.com.eg\/downloads\/News\/%d8%a8%d9%8a%d8%a7%d9%86%20%d8%a7%d9%86%d8%ac%d9%84%d9%8a%d8%b2%d9%89%20%d8%a7%d9%88%d8%b1%d8%a7%d8%b3%d9%83%d9%88%d9%8508-07-2019.pdf\">the company said in a bourse filing (pdf)<\/a>. The new projects bring the company\u2019s outstanding consolidated backlog to USD 4.6 bn as of 30 June, compared to USD 4.2 bn last year.<\/p>\n<p><b>Half of the new contracts are in Egypt: <\/b>New projects include the largest water treatment plant in Egypt and significant additions to the country\u2019s road development program. The company, which as listings on Nasdaq Dubai and the EGX, recorded the highest level of quarterly order intake since 3Q2016, as it added new projects in its existing core commercial and light industrial sectors while gaining additional scope in the growing data center sector, the company said.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Orascom Construction boosts backlog with USD 935 mn in new projects in 2Q2019: Orascom Construction has added USD 935 mn to its backlog in 2Q2019, up 40% compared to a year earlier, the company said in a bourse filing (pdf). The new projects bring the company\u2019s outstanding consolidated backlog to USD 4.6 bn as of [&hellip;]<\/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":[8572],"tags":[72,363,2380,117],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-596824","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-enterpriseam","tag-orascom-construction","tag-speed-round","tag-us","wpautop","entry"],"acf":{"mongo_id":"a7782f19-8055-42d8-815d-9f34cf8e4d8b","is_powered_by":true,"section_story_id":"0b23dc63-bf8d-4eb2-baf2-ba12341e7598","story_type":"1","photo_url":"","photo_position":"above","related_issue":[596815],"teaser":"","voice_url":""},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Orascom Construction adds USD 935 mn of backlog in 2Q - 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\/2019\/07\/09\/orascom-construction-adds-usd-935-mn-of-backlog-in-2q\/\" \/>\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 935 mn of backlog in 2Q\" \/>\n<meta property=\"og:description\" content=\"Orascom Construction boosts backlog with USD 935 mn in new projects in 2Q2019: Orascom Construction has added USD 935 mn to its backlog in 2Q2019, up 40% compared to a year earlier, the company said in a bourse filing (pdf). The new projects bring the company\u2019s outstanding consolidated backlog to USD 4.6 bn as of [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2019\/07\/09\/orascom-construction-adds-usd-935-mn-of-backlog-in-2q\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2019-07-09T04:28:26+00:00\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/07\/09\/orascom-construction-adds-usd-935-mn-of-backlog-in-2q\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/07\/09\/orascom-construction-adds-usd-935-mn-of-backlog-in-2q\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Orascom Construction adds USD 935 mn of backlog in 2Q\",\"datePublished\":\"2019-07-09T04:28:26+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/07\/09\/orascom-construction-adds-usd-935-mn-of-backlog-in-2q\/\"},\"wordCount\":144,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"EnterpriseAM\",\"Orascom Construction\",\"SPEED ROUND\",\"US\"],\"articleSection\":[\"Speed Round\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/07\/09\/orascom-construction-adds-usd-935-mn-of-backlog-in-2q\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2019\/07\/09\/orascom-construction-adds-usd-935-mn-of-backlog-in-2q\/\",\"name\":\"Orascom Construction adds USD 935 mn of backlog in 2Q - 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Projects in Egypt account for the lion\u2019s share of the backlog:\u2026","rel":"","context":"In &quot;Speed Round&quot;","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":596824,"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 &quot;Speed Round&quot;","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":542813,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/01\/18\/orascom-construction-adds-usd-785-mn-to-its-backlog-in-4q2021\/","url_meta":{"origin":596824,"position":3},"title":"Orascom Construction adds USD 785 mn to its backlog in 4Q2021","author":"enterpriseam admin","date":"18 January 2022","format":false,"excerpt":"Our friends at Orascom Construction saw total new awards rise 22% y-o-y in 2021 to hit USD 3.5 bn, the company said in a statement (pdf). 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 &quot;Infrastructure&quot;","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":597720,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/05\/02\/orascom-construction-adds-usd-475-mn-to-backlog-in-1q2019\/","url_meta":{"origin":596824,"position":4},"title":"Orascom Construction adds USD 475 mn to backlog in 1Q2019","author":"enterpriseam admin","date":"2 May 2019","format":false,"excerpt":"Orascom, Arab Contractors sign USD 739 water treatment contract: A joint venture of Orascom Construction and Arab Contractors signed yesterday a USD 739 mn agreement with the Armed Forces Engineering Authority to set up a water treatment plant in Sharqia\u2019s Bahr El Baqar, OC said in a statement (pdf). The\u2026","rel":"","context":"In &quot;Speed Round&quot;","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":621353,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/11\/06\/oc-adds-usd-520-mn-in-new-awards-to-its-3q2018-backlog-with-60-coming-from-egypt\/","url_meta":{"origin":596824,"position":5},"title":"OC adds USD 520 mn in new awards to its 3Q2018 backlog, with 60% coming from Egypt","author":"enterpriseam admin","date":"6 November 2018","format":false,"excerpt":"Orascom Construction (OC) added USD 520 mn in new awards to its 3Q2018 backlog, the company said in a statement on Monday (pdf). Consolidated backlog as of 30 September 2018 stood at USD 4.1 bn. 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