The contract involves the construction, with financing from Italy’s credit agency Servizi Assicuative de Commerce Estero, of the 2,200-MW Koysha Dam on the Omo River in the southern part of the country.
Clients are no longer requesting, but demanding, a broader array of services as fewer owners have the capacity to manage construction programs from the earliest stages of planning to the operation of the completed facilities.
The June 8 award to Jacobs Engineering of an engineer-procure-construct contract for the $5.3-billion next phase of the giant Oyo Togoi underground copper-and-gold mine in Mongolia gave industry-sector investors and analysts some hope that the sluggish mining sector might be rallying.