OCI Construction Group Cairo, Egypt / 17 June 2009, 10:30 AM OCI Awarded Contracts worth USD 168 million for Infrastructure Work in Egypt Orascom Construction Industries (OCI) announced today that its Construction Group has been awarded contracts for infrastructure work in Egypt valued at USD 168 million. OCI has been awarded a contract valued at USD 128 million for construction work on section 5 of the new Cairo-Alexandria highway by the Egyptian Ministry of Transportation. The project includes all necessary paving and road construction works. OCI will be responsible for paving 34 km worth of roads between both cities. The road work includes two double level u-turns and two overhead bridges with four lanes each as well as two service roads with two lanes each. The project is expected to be completed during Q4 2011. OCI has also been awarded a project valued at USD 40 million for construction of the South Waste Water Treatment Plant in 6th of October City. The project was awarded by the Ministry of Housing, Utilities and Urban Development. The wastewater treatment plant will have a capacity of 100,000 m3 per day. OCI will be responsible for all construction work related to the project as well as the Operation and Maintenance (O&M) of the plant for a period of 12 months. This is the second award for OCI in the field of waste water during the quarter. OCI in joint venture with Spain-based Aqualia was recently awarded Public Private Partnership (PPP) concession for the construction and operation of the New Cairo Waste Water Treatment Plant in a contract valued at USD 470 million. The project is also expected for completion during Q4 2011. Orascom Construction Industries Chief Executive Officer, Nassef Sawiris commented, "OCI continues to benefit from a vibrant pipeline of infrastructure opportunities in its key regional markets especially Egypt. Opportunities have been prevalent in transportation, energy, water and social infrastructure." 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: For additional information on OCI: OCI Investor Relations Department: www.orascomci.com Omar Darwazah OCI stock symbols: OCIC.CA / ORCI Email: omar.darwazah@orascomci.com 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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