Egypt’s leading construction firm, Arab Contractors is to start concrete construction works on the country’s nuclear power plant in Dabaa by mid 2016, its senior vice president Sayed Farouk said Thursday.
Egypt’s Orascom Construction Industries and Arab Contractors along with Russia’s state-owned nuclear firm Rosatom had formed a joint venture to implement the Dabaa nuclear plant.
The nuclear power plant in Dabaa, close to the western coastal city of Marsa Matrouh, will be with investment cost exceeding US$8 billion and is expected to be completed by 2022.
The project would involve the building of a ‘third-generation’ plant with four nuclear power units, 1,200 megawatt (MW) each. In addition the project is “peaceful” and aims to produce electricity.
