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FinancialNews


  • 02-09-10

    Oman approves $334m infrastructure contracts

    (MENAFN) Oman�s tender board awarded more than $334 million in new contracts for infrastructure, social development and construction projects, ONA reported. The largest amount was $190 million allocated for the Nizwa�Ibri dual carriageway (second stage) and Jibreen-Ibri road project, while $33.8 million was set aside for the construction of Titam-Qaftout road in Dhofar Governorate. Additional funding of $11.4 million for the construction of Wadi Bani Kharous road was also approved. The Tender Board also passed $6.9 million in funding for the provision of engineering and supervisory services for the construction of silo for the strategic wheat reserves in Sohar and Salalah, while a water desalination plant in the Al Seel village in the Al Wusta Region received $2.6 million.

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