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Wadi Kom Ombo wins contract to build $12.8m irrigation plant

Wadi Kom Ombo wins contract to build $12.8m irrigation plant
The contract was granted by water resources ministry
Wadi Kom Ombo
WKOL
-1.27% 112.47 -1.45

Cairo – MubasherWadi Kom Ombo Land Reclamation on Wednesday announced that the Mechanical and Electrical Department (MED) at Egypt’s Ministry of Water Resources and Irrigation approved its bidding for the construction of a new irrigation plant in Luxour’s Esna.

The total cost of the plant amount to $12.85 million, according to a company statement.

Wadi Kom Ombo posted a 12% year-on-year profit increase during the first nine months of fiscal year 2018/2019, recording EGP 22.5 million.