Back to the complete issue
Wednesday, 9 October 2019

Russia to issue 20 tenders for Dabaa nuclear power plant

Rosatom’s Atomstroyexport (ASE) aims to issue 20 tenders for construction and management projects for the USD 30 bn Dabaa nuclear power plant that Russia is building in Egypt, ASE Egypt director Anatoly Kovtunov told the local press. Kovtunov didn’t specify a timeframe, but said last year the company issued 30 tenders for projects. Petrojet has signed a contract with the Russian company, and two other Egyptian companies are expected to ink agreements by the end of the year, Kovtunov said without naming the companies or elaborating on the contracts. The company is also in talks with Orascom Construction, Hassan Allam and Arab Contractors, he said. Rosatom in July canceled a tender for local companies to conduct site preparations after offers exceeded the USD 18 mn bid ceiling.

Enterprise is a daily publication of Enterprise Ventures LLC, an Egyptian limited liability company (commercial register 83594), and a subsidiary of Inktank Communications. Summaries are intended for guidance only and are provided on an as-is basis; kindly refer to the source article in its original language prior to undertaking any action. Neither Enterprise Ventures nor its staff assume any responsibility or liability for the accuracy of the information contained in this publication, whether in the form of summaries or analysis. © 2022 Enterprise Ventures LLC.

Enterprise is available without charge thanks to the generous support of HSBC Egypt (tax ID: 204-901-715), the leading corporate and retail lender in Egypt; EFG Hermes (tax ID: 200-178-385), the leading financial services corporation in frontier emerging markets; SODIC (tax ID: 212-168-002), a leading Egyptian real estate developer; SomaBay (tax ID: 204-903-300), our Red Sea holiday partner; Infinity (tax ID: 474-939-359), the ultimate way to power cities, industries, and homes directly from nature right here in Egypt; CIRA (tax ID: 200-069-608), the leading providers of K-12 and higher level education in Egypt; Orascom Construction (tax ID: 229-988-806), the leading construction and engineering company building infrastructure in Egypt and abroad; Moharram & Partners (tax ID: 616-112-459), the leading public policy and government affairs partner; Palm Hills Developments (tax ID: 432-737-014), a leading developer of commercial and residential properties; Mashreq (tax ID: 204-898-862), the MENA region’s leading homegrown personal and digital bank; Industrial Development Group (IDG) (tax ID:266-965-253), the leading builder of industrial parks in Egypt; Hassan Allam Properties (tax ID:  553-096-567), one of Egypt’s most prominent and leading builders; and Saleh, Barsoum & Abdel Aziz (tax ID: 220-002-827), the leading audit, tax and accounting firm in Egypt.