Oman’s Galfar Engineering wins contract worth $190mln

Oman’s Galfar Engineering wins contract worth $190mln

Oman's Galfar Engineering & Contracting SOAG said it has won a contract worth 73 million Omani rials ($190 million) to construct a dual carriageway project in Duqm.

The contract was awarded by the Public Authority for Special Economic Zones and Free Zones and is for a period of 36 months, the Muscat Stock Exchange-listed company said in a bourse filing on Tuesday.

On Sunday, the contractor said it won the contract for a road project from Oman's defence ministry worth over 16 million rials.

(Writing by Brinda Darasha; editing by Daniel Luiz)

[email protected]

Disclaimer: This article is provided for informational purposes only. The content does not provide tax, legal or investment advice or opinion regarding the suitability, value or profitability of any particular security, portfolio or investment strategy. Read our full disclaimer policy here.

© ZAWYA 2022