US construction company Bechtel has signed a project management consultancy (PMC) contract with Egypt’s Carbon Holdings for the Tahrir Petrochemical Complex, industry sources told MEED.
MEED reported that the company signed the contract on June 30, having been awarded the contract in May.
The Egyptian cabinet signed contracts on June 30 with the Cairo-based Carbon Holdings to build the $10.9-billion facility in the Suez Canal Economic Zone (SCZone) in Ain Sokhna. The complex will be the largest of its kind in the Middle East following completion.