Oman awards contracts worth USD11b this year
Date
9/28/2015 4:57:25 AM
(MENAFN) According to data released by Meed Projects, Oman's projects market is set to break a new record this year as the online projects helped tracking service.
The Gulf country has awarded contracts worth more than USD11 billion in the first eight months of 2015, and is on track to beat the USD14.8 billion awards signed in 2014.
Several multi-billion dollar projects helped setting the pace, including the USD900 million Yibal Khuff sour gas project and the USD630 million Salalah independent power project.
Other awards due to be given this year are the first segment of the Oman Rail project, worth USD1 billion, and the four multibillion dollar main packages on the Liwa plastics scheme, worth USD500 million.
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