OCI Formally Signs US$ 363 M Contract in Iraq
(firmenpresse) - CAIRO, EGYPT -- (Marketwire) -- 04/26/12 --
OCI Formally Signs US$ 363 Million Contract to Build a 1,000 MW Gas
Turbine Power Plant in Iraq
Orascom Construction Industries (OCI) announced today that it formally
signed the US$ 363 million contract to build a 1,000 MW gas turbine
power plant in Baija, Iraq. The Iraqi cabinet approved the project in
January 2012.
The power plant was tendered and awarded by the Iraqi Ministry of
Electricity, which was established in 2003. The project is expected to
be completed in 21 months.
About Orascom Construction Industries
OCI is one of Egypt's largest corporations employing more than 72,000
people in 35 countries around the globe. The OCI Fertilizer Group owns
and operates nitrogen fertilizer plants in Egypt, the Netherlands, the
United States, and Algeria and has an international distribution
platform spanning from the Americas to Asia. The OCI Fertilizer Group
ranks among the world's top fertilizer producers with a production
capacity which will exceed 7.0 million metric tons in 2012. The OCI
Construction Group provides international engineering and construction
services primarily on infrastructure, industrial and high-end
commercial projects in Europe, the Middle East and North Africa for
public and private clients. The OCI Construction Group ranks among the
world's top global contractors.
This information is provided by RNS
The company news service from the London Stock Exchange
END
For additional information
contact:
OCI Investor Relations Department:
Omar Darwazah
Email:
Erika Wakid
Email:
Hassan Badrawi
Director
Tel: +202 2461 1036/0727/0917
Fax: +202 2461 9409
For additional information
on OCI:
OCI stock symbols: OCIC.CA /
OCIC EY / OCICqL / ORSD / ORSCY
Orascom Construction Industries (OCI)
Nile City Towers - South Tower
2005A Corniche El Nil
Cairo, Egypt
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Unternehmensinformation / Kurzprofil:
Datum: 26.04.2012 - 17:00 Uhr
Sprache: Deutsch
News-ID 139816
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contact information:
Town:
CAIRO, EGYPT
Kategorie:
Construction
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