AMEC, an international project management and services company, has won two contracts in Iraq worth up to $1.1 billion, the company announced yesterday.
The awards, won in conjunction with Fluor, its joint-venture partner in Iraq, are worth up to $540 million to AMEC and bring AMEC’s total share of work in Iraq up to $780 million.
The two contracts, to restore public works and water infrastructure, are said to form part of the major round of contracts currently being awarded by the Coalition Provisional Authority, the US-led body in charge of Iraq reconstruction.
They follow the award in March 2004 to Fluor-AMEC of a contract to restore power generation facilities worth up to $500 million.
Work on the contracts, which will involve the restoration of water and waste infrastructure in the northern and southern regions of Iraq, is expected to start shortly.