|
| Background |
Al Nahda Company for Industries plans to develop a cement plant in Qena, Egypt.
Reliance Heavy Industries is the design consultant. |
| Latest Events |
In March 2012, the project was completed. |
| Previous Events |
In August 2011, commissioning of the plant was ongoing.
In April 2011, construction of the plant was near completion and trial operations at the plant started.
In Q3 2010, construction of the plant started.
In Q2 2010, engineering works started.
In February 2012, commissioning of the plant was ongoing.
In February 2010, civil works started.
In December 2009, IDA granted Al Nahda Company for Industries an extended license after reviewing its existing license due to start-up delays.
In August 2009, the civil works contract was awarded to Esaco. The deal includes all civil construction of the whole plant and most of the steel structure.
On 27 November 2008, the USD 240 million EPC contract was awarded to Tianjin Cement Industry Design and Research Institute (TCDRI).
In October 2007, the IDA granted Al Nahda Company a license to build the plant. |
| Scope of Work |
Construction of a 1.6 million t/y cement plant with all associated facilities. |
| Financing Source |
In November 2009, National Bank of EgyptNational Bank of Egypt and Banque MisrBanque Misr arranged a USD 200 million loan for Al Nahda Company to finance the project. The loan amount was covered by 8 banks, including National Bank of EgyptNational Bank of Egypt (USD 33 million), Banque MisrBanque Misr (USD 67 million), Banque du CaireBanque du Caire (USD 58 million) and the Export Development Bank of EgyptExport Development Bank of Egypt (USD 42 million). |
| Project News |
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| Schedule | Contract Phase/Phase | Description |
| Oct 2007 |
Planning | Al Nahda Company awarded license to build the plant
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| 27 Nov 2008 |
EPC | Contract awarded to Tianjin Cement Industry Design and Research Institute
- FLSmidth
- KHD Humboldt Wedag
- Tianjin Cement Industry Design and Research Institute
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- Tianjin Cement Industry Design and Research Institute
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|
| Aug 2009 |
Construction | Civil works contract awarded to ESACO
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| Feb 2010 |
Construction | Civil works started
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| Q2 2010 |
EPC | Engineering works started
|
| Q3 2010 |
EPC | Construction of the plant started
|
| Apr 2011 |
Commissioning | Trial operations at the plant started
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| Mar 2012 |
Completion | Project completed
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Standalone Project
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