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Orascom JV wins US$180m Fujairah airport contract

Orascom Construction Limited ammounced that its joint venture with Al Sahraa Group (UAE) has been awarded approximately USD 180 million for the expansion of Fujairah International Airport in the United Arab Emirates. OC’s share of the joint venture is 60%.

The project’s scope encompasses the main infrastructure works for the airport expansion, including a new air traffic control tower, the extension of the existing runway, a new emergency runway, rapid exit taxiways and the airport special systems.

Orascom Construction has extensive experience in the airport sector. The Group has executed similar work for the majority of military and civilian airports in Egypt as well as King Abdulaziz International Airport in Saudi Arabia and Al Dhafra Air Base in the United Arab Emirates. In addition, this project underscores Orascom Construction’s strategy to pursue quality projects outside of Egypt in sectors across the Group’s core competencies.

About Orascom Construction Limited
Orascom Construction is a leading global engineering and construction contractor primarily focused on infrastructure, industrial and high-end commercial projects in the Middle East, North Africa, the United States, and the Pacific Rim. OC has consistently ranked among the world’s top contractors and is ranked number 32 on ENR’s 2017 Top 250 International Contractors list. The Group also develops and invests in infrastructure opportunities, owns 50% of BESIX Group, and holds a construction materials and property management portfolio.

Source: www.oracom.com

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