Thursday 10 July 2014

Malaysia firm wins $320m highway job in Oman

Malaysian builder WCT Bhd said on Thursday it had won a 1 billion ringgit ($320 million) contract to build a 44.75km expressway in Oman. WCT, in an 80:20 joint venture with Oman Roads Engineering, expects to finish the work in thr


WCT calls Meydan move a 'breach'

Malaysian construction firm WCT Bhd said the cancellation of a $1.3 billion contract to build a racecourse in Dubai was a "breach," and  it was considering all options. Dubai's Meydan LLC, which in 2007 commissioned a 50-50 joint vent


WCT gets bigger Abu Dhabi F1 deal

Malaysia's WCT Engineering said on Wednesday it has won an extra 800 million ringgit ($252 million) contract for its Formula 1 race-track project in Abu Dhabi, raising the total contract value to 2.1 billion ringgit. Executive director Loh


WCT, Arabtec win Dubai racecourse job

Malaysia's WCT Engineering and UAE's Arabtec Construction have won a $1.3 billion contract to build a racecourse in Dubai. WCTE, in joint venture with Arabtec Construction, won the job to build the Nad Al Sheba Racecourse in Duba


Arabtec denies race course deal report

Malaysia's WCT Engineering and its UAE partner, Arabtec Holding, have yet to win a deal to build a horse-racing course in Dubai, Arabtec said. The Edge weekly reported on Saturday that a WCT joint venture with Arabtec would build the 4.5 b

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