GEK TERNA S.A.

PRESS RELEASE

TERNA S.A. -  New 36,8 mio US Dollars construction project in Iraq

GEK TERNA S.A. announces that its 100% subsidiary TERNA SA, was awarded a project of constructing a hospital inIraq, at Design and Built, turn-key basis. The project includes 100 beds and 22 rooms for special care (ICU and operation theatres) and shall provide for:

  • Diagnostic services and treatment
  • Acute medicine
  • Pediatrics and obstetrics
  • Disaster medicine
  • Medical education system

The Client is the Governorate of Basra acting on behalf of the Ministry of Health.

The project consists of the Design and Construction of a general hospital covering a built area of 18,000 m2 out of which 2,000 m2 will be staff residence, complete with all electromechanical facilities, medical equipment, all facilities and furniture, external paving, parking land scaping and fencing.

The project is expected to be completed in January 2015 and the contract price is 36.8 mio US Dollars.

This project marks TERNA' s presence in yet anotherMiddle Eastmarket.

TERNA' s backlog has reached the amount of 3,1 bn. Euro.