Orascom Construction Overview and Company Profile

Orascom Construction is a leading global construction company with a rich history dating back to 1950.

Founded by Onsi Sawiris, the company has grown significantly over the years, expanding its operations to over 25 countries worldwide.

Orascom Construction is a subsidiary of the Orascom Group, a multinational conglomerate with diverse interests in construction, engineering, and other sectors.

The company has a strong presence in the Middle East, North Africa, and other regions, with a portfolio of projects spanning various industries including energy, infrastructure, and real estate.

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Orascom Construction offers access to new construction projects, allowing you to identify projects that match specific criteria such as location, stage, sector, size, and funding.

Their services include engineering, concessions and investment, and construction, among others. You can find these services through various brands like Orascom Construction, WEITZ, and BESIX.

Orascom Construction has a proven track record of excellence in various sectors, including infrastructure, industrial, and commercial. They've undertaken numerous landmark projects and have a wide range of clients.

Here are some of the sectors they cover:

Orascom Construction has installed over 27,000MW of power generation capacity, with 12,000 MW delivered on a fast-track basis in the last 5 years.

Orascom Construction was founded in 1950, marking the beginning of its impressive journey as a global leader in the engineering and construction sector.

The company has consistently ranked among the world’s top contractors, a testament to its excellence and commitment to quality work.

Orascom Construction has a diverse portfolio that includes high-profile projects such as the Grand Egyptian Museum, Greater Cairo Metro, and the New Administrative Capital’s monorail system.

These projects showcase the company's ability to take on complex and ambitious projects, pushing the boundaries of what's possible in the construction industry.

Despite facing economic challenges in its home market, including currency fluctuations and inflation, Orascom Construction has demonstrated resilience and adaptability.

The company's strategic shift towards international markets, particularly in the UAE and Saudi Arabia, has helped mitigate risks associated with the Egyptian market.

In 2024, Orascom Construction secured a significant contract to build the New American University in Cairo campus expansion, comprising five state-of-the-art buildings and infrastructure works.

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Orascom Construction is leading the way in sustainable development in Egypt.

The company's commitment to environmentally friendly projects is evident in its work on the Red Sea Wind Farm.

This massive project commenced commercial operations six months ahead of schedule in 2025.

By executing large-scale, environmentally friendly projects like this, Orascom Construction is demonstrating its capability to meet Egypt's renewable energy goals.

This achievement showcases the company's expertise in sustainable infrastructure development.

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Orascom Construction PLC is a global engineering and construction contractor.

The company has a significant presence in the Middle East, Africa, and the United States, covering a wide range of sectors including infrastructure, industrial, and commercial.

Their portfolio encompasses infrastructure, industrial, and commercial sectors, indicating a diverse range of services.

Orascom Construction PLC owns 50% of BESIX Group, a notable partnership that expands their capabilities.

They also develop and invest in infrastructure opportunities, demonstrating their commitment to growth and innovation.

Orascom Construction PLC holds a building materials and facilities management portfolio, further diversifying their services.

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Orascom Construction has been expanding its global reach, with a significant presence in the Middle East and Africa.

The company has a diverse portfolio of projects, including infrastructure development, industrial facilities, and residential communities.

Orascom Construction has also been investing in innovative technologies to improve its construction processes and reduce costs.

One notable example is its use of 3D printing technology to build a residential complex in Egypt.

This project showcases the company's commitment to embracing new technologies and finding creative solutions to construction challenges.

Orascom Construction has also been focusing on sustainability and energy efficiency in its projects, such as the use of solar power in a recent development in Saudi Arabia.

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The European Bank for Reconstruction and Development (EBRD) has supported the expansion of the 650 MW Red Sea Wind Farm by extending a US$21.3 million loan to Red Sea Wind Energy.

In July 2024, Scatec ASA's Egypt Green Hydrogen project, in partnership with Fertiglobe, Orascom Construction, secured a green ammonia offtake agreement with Hintco.

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The Red Sea Wind Energy Consortium announced the financial close of the new 500 MW Gulf of Suez Wind Farm near Ras Ghareb, Egypt, on April 6, 2023.

A consortium of Orascom Construction, Toyota Tsusho, Eurus Energy Holdings, and Engie started constructing the 500 MW wind farm in Ras Gharib on the Gulf of Suez in Egypt on November 14, 2022.

Here are some key company updates:

Let's take a look at the competitor comparison. Orascom Construction Plc is headquartered in the United Arab Emirates, specifically in Dubai.

The company has a significant workforce, with 21,198 employees. In contrast, Kiewit Corp, a private company, has a much larger workforce, with 31,800 employees. Ludan Engineering Co Ltd, a public company, has a relatively small workforce of 1,171 employees.

Here's a breakdown of the competitors' headquarters:

The Arab Contractors Osman Ahmed Osman & Co, a private company, has the largest workforce, with 68,584 employees.