Oman awards $255m port infrastructure contract
MUSCAT, April 7, 2016
Oman's Special Economic Zone Authority at Duqm (Sezad) has awarded a RO77.1-million ($255 million) contract for the implementation of the third package of its port project, said a report.
The third package involves construction of roads, commercial gate, check-in zone, truck registration building, one-stop terminal, customs area, among other facilities of the commercial wharf, reported the Oman Observer.
The contract has been awarded to Kuwait-based United Gulf Construction Company (UGCC), which will complete the project within the next three years, it stated.
The upcoming port is a strategic multi-function facility and a key driver for the special economic zone of Duqm. It has a distinctive geographical location close to the international shipping lines and the Asian and African markets, it stated.