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Thursday, 14 September 2017

Orascom JV with FCC Aqualia to build USD 320 mn wastewater treatment plant in Abu Rawash

Orascom JV with FCC Aqualia wins contract to build USD 320 mn wastewater treatment plant in Abu Rawash: Orascom Construction Limited announced yesterday (pdf) that its 50:50 JV with FCC subsidiary Aqualia signed an EPC contract for the construction of the Abu Rawash wastewater treatment plant with investments of around USD 320 mn. The plant, which is expected to process some 1.6 mn cubic meters a day, will be built in phases over a 37-month period and will be operated and maintained by the JV for three years after that. Orascom and Aqualia are also co-owners and developers of a wastewater treatment plant in New Cairo. The project “underscores our strategy to focus on water-related projects,” Orascom Construction CEO Osama Bishai says.

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