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GENERAL CONTRACTOR
ANNO DI FONDAZIONE In 2015, Orascom Construction (OC) and its Italian joint venture Imagro Spa, establi-
2016 shed IMAGRO Construction Srl (IC) in Milan, Italy. IC positions itself as an EPC contrac-
tor, securing project finance for its clients. Imagro Spa is a company specialized in the
CAPITALE SOCIALE sourcing and procurement of machinery components and in the supply chain manage-
100.000,000 ment of leading international groups in their sectors. Founded in 1997, it is based in
Genoa, Italy, with an aggregate turnover of approximately 90 million euros.
FATTURATO 2016
44.514.636,00 euro OC has grown over the past 70 years from a small family construction business into
one of Egypt’s largest corporations. As a leading EPC contractor across USA, Europe,
FATTURATO 2017 the Middle East and Africa, OC has consistently ranked among the world’s top global
390.973.880,00 euro contractors (2022 ENR Rankings: #29 International Contractors) with 2021 revenues
of $5.3 billion (including 50% share in BESIX). OC employs more than 60,000 people
CARICHE SOCIALI in over 23 countries and owns an equipment fleet worth over $250 million. OC has
Managing Director implemented stringent Quality Control, Environmental Programs, Health and Safety
Massimo Pollio Procedures for each of its operations, Certified the ISO 9001 Quality Management
and ISO 14001 Environmental Management Systems, ISO 18001 Health and Safety
Head of Supply Chain Management.
Amr Hamed
IC is a growing successful turnkey contractor with a successful track record of delive-
ring flagship projects in the region; Four power plants in Egypt under EPC + Finance
scheme whereby the Group participated in arranging ECA-backed financing on behalf
of the client. IC has heavily contributed to the growth of the power sector in Egypt,
INDIRIZZO including two of the largest combined cycle power plants in New Capital and Burullus
Corso Matteotti, 3 in consortium with Siemens, each with a capacity of 4,800 MW.
20121 Milano (MI)
Tel: +39 0236741270 In partnership with General Electric, in Consortium with OC have delivered the conver-
Fax: +39 0236741275 sion of both power plants (Assuit and West Damietta) from simple to combined cycle
imagro@imagroconstruction.com accumulating 750 megawatts, increasing their capacity by 50% under EPC + Finance
amr.hamed@imagroconstruction.com Scheme under a 5-year facility on behalf of the Egyptian Electricity Holding Company
amr.hamed@orascom.com (“EEHC”) to finance both Assiut & West Damietta Power Plants in Egypt. The plants were
commissioned by the Egyptian government through the Egyptian Electricity Holding
Imagro Construction Company, the ultimate client for the four power plants.
www.imagro.it/imagro-group/ The four projects were fully guaranteed by SACE for a value of 700,000,000 euros, with
most of the supplies furnished entirely by Italian vendors.
Orascom Construction
In the transportation sector, IC is currently involved in the Monorail Transit Project with a
www.orascom.com
total contract value of €543,034,447, This project supports Cairo and Egypt to enable
ANNUARIO ANIMP 2023/2024 ANIMP DIRECTORY 2023/2024 and development of other infrastructure projects forthcoming in the Middle East and
fast, sustainable, comfortable and above all safe transportation for millions of people
every year in the dynamic Cairo metropolitan area. IC is also involved in the study
sub-Saharan Africa. Capitalizing on the JV structure, IC has created an innovative and
convenient mechanism that facilitates the relationship between EPC contractors and
SACE. The JV’s significant contribution to the success of the business activity; with
the involvement of large number of Italian SMEs has provided an unlimited pool of
high technological Italian branded products giving competitive advantages for the EPC
contractors wishing to collaborate with the national market and SACE.

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