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| OCI awarded construction contracts in Algeria Egypt-based Orascom Construction Industries (OCI) has announced that its construction subsidiary OCI Algeria (OCIA) has been awarded two contracts from the Algerian Ministry of Housing to build the campuses for both the new French international school and for a new law school. OCIA has also been awarded a contract by STAEM, an Algerian-UAE tobacco company, to expand an existing tobacco factory in Algeria. The contract for the new law school campus has a total value of US$ 47 million. The law school will be located in the capital city Algiers and will have a capacity of 10,000 'student seats'. The project is expected to be completed during Q3 2009. The scope of work includes design and execution of all civil works and installation of campus infrastructure. The contract for the new French international school is valued at US$ 18.4 million. The new school will also be located in the capital city of Algiers. The project is expected to be completed during Q4 2008. The contract has been awarded to OCI Algeria on a turnkey basis including all civil works and the infrastructure for campus-wide audio-visual technology. The third contract awarded by STAEM to expand their existing tobacco factory located in Koleaa, 30 km from Algiers, is valued at US$ 21 million. The project is expected to be completed during Q4 2008. The scope of work includes all the civil, mechanical and electrical work. write your comments about the article :: © 2007 Construction News :: home page |