- Orascom Construction and OCI Global plan to merge, creating a diversified Abu Dhabi-based infrastructure and investment platform with global reach.
- The merger combines Orascom’s engineering, EPC, and concessions expertise with OCI’s platform-building track record across complementary business sectors.
- OCI shareholders will hold roughly 47% in the new entity, gaining exposure to a larger, growth-focused infrastructure and investment platform.
Orascom Construction
Orascom Construction, construction giant, and OCI Global will merge to form a new Abu-Dhabi-based infrastructure and investment platform. This new platform will combine the capabilities of both companies The agreement is to establish a scalable Abu Dhabi-based infrastructure and investment platform with enhanced reach, diversification, and growth prospects.
“This proposed Combination marks a new chapter for OCI and Orascom Construction, creating an integrated infrastructure and investment platform with strong capabilities and enhanced growth potential,” said Nassef Sawiris, Executive Chairman of OCI.
The new entity will combine Orascom Construction’s execution capabilities, infrastructure expertise, concessions development experience, and strong pipeline of opportunities with OCI’s track record of building and developing platforms across complementary business verticals,
Infrastructure
OCI shareholders will become shareholders of Orascom Construction, with their collective holding equating to approximately 47% in Orascom Construction post-Combination.The new entity intends to provide OCI shareholders with exposure to a larger, more diversified growth platform. This is with a focus on value creation in the infrastructure sector.
The merger will benefit from a stronger balance sheet and an enhanced funding capacity. This should enable the deployment of more than a billion dollars of equity by year-end 2026 into future investments. These investments will focus on scalable cash generative assets, leveraging the companies’ respective execution track records and global reach.
The new entity will retain the flexibility to invest through direct ownership and partnership models across equity and other available instruments. This is in addition to operations and maintenance involvement. It will evaluate and pursue infrastructure opportunities alongside an existing EPC and concessions business. This is targeting risk-adjusted returns with visible cash flows
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