Drake & Scull unit wins Egypt wastewater contract
Dubai, November 18, 2013
A consortium including a subsidiary of Dubai's Drake and Scull has won a 545 million dirhams ($147 million) contract to build a wastewater treatment plant in Egypt, the firm said on Monday.
The consortium is led by Egypt's Hassan Allam Sons and includes Passavant-Roediger, a wholly-owned German subsidiary of Drake and Scull International, and Spain's Acciona.
"Passavant's contract value for the construction and set up of the Stage 2 of Phase 2 of Gabal Al Asfar Waste Water Treatment Plant development is 179 million dirhams," Drake and Scull said in a bourse statement. - Reuters