Construction

OCI recovers equipment

Egyptian construction company Orascom Construction Industries has revealed that it managed to quickly recover its machinery despite being close to the protests that rocked Egypt last year.

Once the curfew ended operations returned to normal

Egyptian construction company Orascom Construction Industries has revealed that it managed to quickly recover its machinery despite being close to the protests that rocked Egypt last year.

Osama Bishai, managing director of OCI said: “We had some minor difficulties during the curfew period; there was a limitation in people’s mobility and we had one or two sites that were close to Tahrir so those were affected a bit.  Once the curfew ended, however, our operations returned to normal. In general, I would say those were minor slowdowns, but there was no negative impact.”

Bishai added that he is unconcerned over losing revenue from tenders agreed with the previous regime.

“There are systems and procedures and there is a tender law that is respected by all parties. As far as the actual tenders are concerned, I have to admit that the majority of the projects that we get involved in (the barrage, the new metro line and power plants) that have an international component, the terms and conditions are very clear and the procedures are very clear as well. So it has nothing to do with politics.”

Meanwhile engineers at an abandoned nuclear plant construction site in the country have started dismantling equipment and machinery after looters damaged parts of the station, the Al-Masry Al-Youm daily reported. Engineers from Cairo arrived in the north coast city of Dabaa and removed the equipment from the site, which has sparked environmental protests.

0 0 vote
Article Rating

MECN_Events
Comments

Most Popular

To Top