{"id":638432,"date":"2017-10-04T03:48:56","date_gmt":"2017-10-04T03:48:56","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2017\/10\/04\/orascom-construction-announces-usd-750-mn-worth-of-new-project-backlog-in-3q2017\/"},"modified":"2017-10-04T03:48:56","modified_gmt":"2017-10-04T03:48:56","slug":"orascom-construction-announces-usd-750-mn-worth-of-new-project-backlog-in-3q2017","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2017\/10\/04\/orascom-construction-announces-usd-750-mn-worth-of-new-project-backlog-in-3q2017\/","title":{"rendered":"Orascom Construction announces USD 750 mn worth of new project backlog in 3Q2017"},"content":{"rendered":"

<\/a> Orascom Construction added USD 750 mn to its project backlog in 3Q2017<\/strong> in the Middle East, mainly Egypt, and the United States, the company said in a statement issued yesterday (pdf)<\/a>. USD 550 mn of the total is in projects related to infrastructure and select buildings work in Egypt, while the rest is comprised mostly of commercial and federal infrastructure work for Weitz and Contrack Watts in the US. \u201cWe had indicated that we are pursuing an active bidding pipeline in MENA and USA, and remain confident that we will continue to sign more projects that fit our criteria,\u201d CEO Osama Bishai says.<\/p>\n","protected":false},"excerpt":{"rendered":"

Orascom Construction added USD 750 mn to its project backlog in 3Q2017 in the Middle East, mainly Egypt, and the United States, the company said in a statement issued yesterday (pdf). USD 550 mn of the total is in projects related to infrastructure and select buildings work in Egypt, while the rest is comprised mostly […]<\/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":[72,2380],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-638432","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-enterpriseam","tag-speed-round","wpautop","entry"],"acf":{"mongo_id":"942a8241-c4f7-4e21-b889-18064fa37167","order":"0","is_powered_by":true,"section_story_id":"15c6bacb-3ee5-4e4d-a918-a8f3f95ac4df","story_type":"1","photo_url":"","photo_position":"above","related_issue":[638420],"teaser":"","voice_url":""},"yoast_head":"\nOrascom Construction announces USD 750 mn worth of new project backlog in 3Q2017 - 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\/2017\/10\/04\/orascom-construction-announces-usd-750-mn-worth-of-new-project-backlog-in-3q2017\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Orascom Construction announces USD 750 mn worth of new project backlog in 3Q2017\" \/>\n<meta property=\"og:description\" content=\"Orascom Construction added USD 750 mn to its project backlog in 3Q2017 in the Middle East, mainly Egypt, and the United States, the company said in a statement issued yesterday (pdf). USD 550 mn of the total is in projects related to infrastructure and select buildings work in Egypt, while the rest is comprised mostly […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2017\/10\/04\/orascom-construction-announces-usd-750-mn-worth-of-new-project-backlog-in-3q2017\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2017-10-04T03:48:56+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\/2017\/10\/04\/orascom-construction-announces-usd-750-mn-worth-of-new-project-backlog-in-3q2017\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/10\/04\/orascom-construction-announces-usd-750-mn-worth-of-new-project-backlog-in-3q2017\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Orascom Construction announces USD 750 mn worth of new project backlog in 3Q2017\",\"datePublished\":\"2017-10-04T03:48:56+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/10\/04\/orascom-construction-announces-usd-750-mn-worth-of-new-project-backlog-in-3q2017\/\"},\"wordCount\":113,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"EnterpriseAM\",\"SPEED ROUND\"],\"articleSection\":[\"Speed Round\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/10\/04\/orascom-construction-announces-usd-750-mn-worth-of-new-project-backlog-in-3q2017\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2017\/10\/04\/orascom-construction-announces-usd-750-mn-worth-of-new-project-backlog-in-3q2017\/\",\"name\":\"Orascom Construction announces USD 750 mn worth of new project backlog in 3Q2017 - 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Revenues came in 16.3% lower y-o-y at USD 805.4 mn compared to USD 962.1 mn in 3Q2016. The\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":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":638432,"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":597720,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/05\/02\/orascom-construction-adds-usd-475-mn-to-backlog-in-1q2019\/","url_meta":{"origin":638432,"position":2},"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 "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":556150,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/10\/13\/orascom-construction-adds-nearly-usd-1-bn-to-backlog-in-3q\/","url_meta":{"origin":638432,"position":3},"title":"Orascom Construction adds nearly USD 1 bn to backlog in 3Q","author":"enterpriseam admin","date":"13 October 2021","format":false,"excerpt":"Orascom Construction added USD 960 mn-worth of new contracts to its backlog in 3Q2021, growing 42% y-o-y annual increase, the company announced in a statement. Projects in Egypt made up 65% of new contracts during the quarter, including a contract to design, install, commission and maintain Egypt\u2019s first high-speed rail\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\/2021\/10\/144.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":596824,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/07\/09\/orascom-construction-adds-usd-935-mn-of-backlog-in-2q\/","url_meta":{"origin":638432,"position":4},"title":"Orascom Construction adds USD 935 mn of backlog in 2Q","author":"enterpriseam admin","date":"9 July 2019","format":false,"excerpt":"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). 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