OCI Construction Group Cairo, Egypt / 9 June 2009, 10:30 AM OCI-Aqualia Joint Venture Awarded New Cairo Wastewater Public-Private-Partnership Project Orascom Construction Industries (OCI) announced today that its 50/50 joint venture with Spanish group Aqualia, Orasqualia (the "Joint Venture"), was awarded Egypt's first Public Private Partnership (PPP) concession for the construction and operation of the New Cairo Waste Water Treatment Plant. The 20-year concession was tendered by the Egyptian Ministry of Housing, Utilities & Urban Developments ("the Client") in coordination with the Ministry of Finance. The overall contract value during the concession period is EGP 2.646 billion (USD 472 million) and includes the Engineering, Procurement and Construction (EPC) of the plant and the Operation and Maintenance (O&M) during the contract period. The wastewater treatment plant will have a capacity of 250,000 m3 per day and will serve over one million people. The project is expected to commence construction during Q4 2009 and will take approximately 24 months to complete. After completion of the plant, Orasqualia will operate and maintain the plant for the remaining 18 years of the concession. About Aqualia Aqualia gestion integral del agua S.A., is a water management company serving more than 26 million people in over 1,100 municipalities worldwide. The company operates in over 14 countries in Europe, Central America, Asia and the Middle East and North Africa, and has recently opened a new office in the United Arab Emirates specifically for MENA region development. Aqualia employs over 7,000 highly qualified and multidisciplinary professionals and was named the 2007 Water Company of the Year by Global Water Intelligence in recognition of its international expansion. Aqualia already operates more than 300 wastewater treatment plants worldwide including Spain, Portugal and the Czech Republic. In total, Aqualia treats over 400,000,000 m3 of waste water every year guaranteeing an optimum return to the environment - an essential issue in the sustainable development of any city. About OCI Construction Group The Construction Group ranks among the top global contractors and operates under three distinct brands. The three groups provide a range of construction services in key regional markets in the Middle East and North Africa in addition to Europe, Africa and Central Asia. The Group primarily focuses on infrastructure (energy and related infrastructure including oil & gas, power and petrochemicals / social infrastructure including large-scale educational campuses and healthcare facilities / water including wastewater and desalination), transportation (including roads, airports, ports and railway), industrial and high-end commercial projects. To complement the construction business, OCI also owns and operates National Steel Fabrication, the largest manufacturer of fabricated steel products in the Middle East, and has investments in manufacturers of glass curtain walling, paints and concrete pipes. For additional information contact: OCI Investor Relations Department: For additional information on OCI: www.orascomci.com Omar Darwazah Email: omar.darwazah@orascomci.com OCI stock symbols: OCIC.CA / ORCI EY / OCICqL / ORSD Erika Wakid Orascom Construction Industries Email: erika.wakid@orascomci.com (OCI) Nile City Towers - South Tower Hassan Badrawi 2005A Corniche El Nil Director Cairo, Egypt Tel: +202 2461 1036/0727/0917 Fax: +202 2461 9409 This information is provided by RNS The company news service from the London Stock Exchange END
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