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Orascom Construction JV Eyes Nuclear Projects, Al Mal Reports

Jan. 16 (Bloomberg) -- A joint venture between Orascom Construction Industries and The Arab Contractors plans to bid for building nuclear power plants in Egypt and other parts of the Middle East, Al Mal reported, citing a statement by the two companies.

The joint venture will first bid for Egypt’s nuclear power plant, which is scheduled to be offered for investment soon, the Cairo-based daily said.

To contact the reporter on this story: Ola Galal in Cairo at ogalal@bloomberg.net.

To contact the editor responsible for this story: Stephen Voss at sev@bloomberg.net.

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