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Orascom Construction PLC
Orascom Construction PLC has grown from a small family-run construction business into a global engineering and construction contractor with projects and investments around the world.
2007: OCI S.A.E. was awarded the contract to construct and install Egypt’s first parabolic trough solar field.
2008: OCI S.A.E. established a specialist foundations unit as a response to the lack of specialist foundation and geotechnical engineering services across North Africa and the Middle East (particularly the Gulf territories), and expanded its presence in the UAE.
2009: OCI S.A.E. was awarded Egypt's first Public-Private Partnership (PPP) project, the New Cairo Waste Water Treatment plant. The success of this award established a blueprint for Egypt's PPP legislation and was awarded in 2010 both "Water Deal of the Year" by Global Water Intelligence and "PPP African Deal of the Year" by Euromoney/Project Finance Magazine.
2011: OCI S.A.E. formed Orascom Saudi Limited (OSL), a 60% owned joint venture targeting infrastructure and industrial projects in Saudi Arabia. During the year, OSL was awarded $ 450 million worth of infrastructure work at the King Abdul Aziz Airport in Jeddah.
2012: OCI S.A.E. acquired The Weitz Company (Weitz), a United States general contractor based in Des Moines, Iowa. Weitz allowed us to establish a strong presence in the United States construction market for the first time.
2013: Watts Constructors, a former Weitz wholly owned subsidiary focused on federal projects in the United States and the Pacific Rim, was consolidated into Contrack due to the complementary nature of their activities. OCI S.A.E. becomes OCI N.V., a Dutch company listed on the NYSE Euronext in Amsterdam.
2014: Orascom announces significant infrastructure projects in Egypt related to the Suez Canal expansion and also announces the construction of and investment in Egypt’s first coal fired power plant.
2015: OCI N.V. demerges the Construction Group, which becomes Orascom Construction Limited, a DIFC company dually listed on NASDAQ Dubai the EGX.
Our values underpin everything we do. We are committed to conducting our business ethically, responsibly and with excellence.
As a global business, these values set the standards for all of our employees, subsidiaries and partners and help us maintain the trust in Orascom Construction PLC that makes us a global Contractor of Choice for the communities and clients that we serve.
Our Code of Conduct, healthy and safety, quality, environment, and sustainability policies create the framework through which we do business with our stakeholders.
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