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| OCI signs agreement with Emaar Misr Orascom Construction Industries (OCI) announced that it has signed a contracting agreement with Emaar Misr, the wholly owned subsidiary of global developer Emaar Properties PJSC, to execute commercial work for the developer's Mivida and Marassi projects for a total value of EGP 800 million. OCI will execute Villas of Package 18 and Village D (Type V4) at Marassi, located on the North Coast of Egypt. Additionally, OCI will carry out and complete Estate Villas (Parcel 4), Palmera Townhomes (Parcel 2) and other Villas at Mivida situated in New Cairo. The scope of the work includes concrete skeleton in addition to the internal and external finishes of villas and townhomes. The works are expected to be completed in 22 months. write your comments about the article :: © 2011 Construction News :: home page |