Orascom Construction and Morgan Stanley form JV
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Orascom Construction and Morgan Stanley form JV

Orascom Construction and Morgan Stanley form JV

Morgan Stanley has signed an agreement with Egypt-based Orascom Construction Industries to form a 50-50 joint-venture that aims to develop and invest in infrastructure-related assets across the Middle East and Africa. 'The coming decade will require higher investment rates in infrastructure to sustain economic growth in the Middle East and Africa,' Sadek Wahba, Global head of Morgan Stanley Infrastructure, said in a statement.

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