Orascom Construction is one of Africa and the Middle East’s largest construction and engineering groups, and co-contractor on Egypt’s $23bn high-speed rail network alongside Siemens Mobility and Arab Contractors. Listed on the NYSE and Cairo Stock Exchange, Orascom has a construction backlog exceeding $10bn and is active across infrastructure, industrial and social construction in Egypt, the US, and multiple African markets.
Company Profile
Key Developments
Co-contractor on Egypt's 2,000km high-speed rail network ($23bn total) — the largest single construction project in Egypt's history. Simultaneously active on Egyptian new administrative capital (NAC) construction (roads, utilities, civic buildings) and major US construction projects. Orascom's Egypt backlog has surged on the back of government-driven mega-project commitments.
Key Risks
Egypt's fiscal and currency situation creates payment and execution risk on sovereign-financed projects. Concentration in Egypt for a dual-listed company creates both opportunity and currency exposure.