Kippreport’s top insights from the Digital Media ForumMarch 29, 2015 11:16
BESIX Group wins $1.3 billion Abu Dhabi contract
Egypt's Orascom Construction Industries has a stake in the Belgian construction firm.
March 14, 2010 10:13 by kippreport
Belgian construction firm BESIX Group has won a $1.3 billion contract to build a medical centre in Abu Dhabi in a joint venture with South Korea’s Samsung C&T, according to a report by Reuters.
The announcement was made by Egypt’s Orascom Construction Industries (OCI), which owns a 50 percent stake in BESIX.
The Belgian firm’s share of the contract is worth $780 million, or 60 percent, OCI said, with the remainder of the work due to be done by Samsung.
The client is Mubadala Healthcare, owned by the Abu Dhabi government.