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| Vinci wins contract for a dam in Egypt  French construction firm Vinci signed the contract for the design-build of the Assiut dam, in Egypt, with the Reservoirs and Grand Barrages Sector (RGBS), part of the Ministry of Water Resources and Irrigation.The works, valued at 266 million euros, will be carried out by a consortium composed, in equal parts, of Vinci Construction Grands Projets (leader), Arab Contractors and Orascom. The works will start on 2 May 2012 and should take a little over 5 years to complete (64 months). Located on the Nile, some 250 kilometres to the north of Luxor, the new Assiut dam will replace an existing dam, built early last century 400 metres further upstream. This project aims to regulate the flow of the Nile, for irrigation purposes and for the production of electricity (32 MW, produced by four 8 MW turbines). It will have 2 locks, to allow through river navigation. The project is being financed by KfW and the Egyptian government. write your comments about the article :: © 2011 Construction News :: home page |