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| OCI wins new airport projects in Egypt Orascom Construction Industries ("OCI") has been awarded a US$ 127 million (EGP 720 million) in new construction work on two major airports in Egypt. The first contract was awarded to an OCI / BESIX joint venture with a total value of US$ 97 million (EGP 550 million) for the modernization and expansion of the Borg El-Arab International Airport. The airport is situated 43 km from Alexandria, Egypt's second largest city. The project is jointly funded by the Japan Bank for International Cooperation and the National Bank of Egypt. The scope of work includes the construction of a new passenger terminal with a capacity of 1,000 passengers per hour and is equipped with state-of-the-art aeronautical equipment in accordance with standards set by the International Civil Aviation Organization. It also includes the construction of a cargo terminal with a capacity of 10,000 tons per year, aircraft parking aprons and taxiways, air traffic control towers with necessary auxiliary buildings, an aircraft fuel station in addition to various administrative and utility structures. The second contract was awarded to OCI with a total value of US$ 30 million (EGP 170 million) for the construction of a new air traffic control tower at Cairo International Airport. The project is funded by the Egyptian Holding Company for Airports and Air Navigation. The scope of work encompasses the construction of a 100-meter high concrete tower structure with a steel and glass control room on top along with maintenance and antenna systems. The project also includes the construction of four 36-meter high buildings for radar equipment in addition to various auxiliary and utility structures. write your comments about the article :: © 2007 Construction News :: home page |