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OCI subsidiary wins contract in Qatar

Cairo-based Orascom Construction Industries announced that that it's wholly-owned subsidiary Contrack International was awarded a US$ 1.1 billion contract from the Qatari Foundation to build the SIDRA Medical and Research Center in Doha, Qatar. The contract is in joint venture with OHL of Spain and is valued at approximately US$ 2.4 billion. OCI's scope of work is valued at US$ 1.1 billion.



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