Skip to main content

Croatia’s Konstruktor and India’s Simplex win US$335mn Oman motorway contract

Croatian construction firm Konstruktor and India’s Simplex Infrastructure are reported to have been awarded a contract worth US$ 335 million (€259.34mn) for the construction of 46km of motorway in Oman. The joint venture project envisages that Konstruktor will hold 48%, while Simplex will own 52% of the project. The deal has been signed with the Ministry of Transport and Telecoms of Sultanata Oman.
May 22, 2013 Read time: 1 min
Croatian construction firm 1567 Konstruktor and India’s Simplex Infrastructure are reported to have been awarded a contract worth US$ 335 million (€259.34mn) for the construction of 46km of motorway in Oman. The joint venture project envisages that Konstruktor will hold 48%, while Simplex will own 52% of the project. The deal has been signed with the Ministry of Transport and Telecoms of Sultanata Oman.

For more information on companies in this article

Related Content

  • OHL and Astaldi win California highway contract
    November 15, 2016
    Contractors OHL and Astaldi has won a major portion of a large highway project in California. The work is for the upgrade to I-405 in Los Angeles and is valued at US$ 1.2 billion. The two firms will work in a joint venture on the project. OHL has a 60% stake in the project while Astaldi holds the remaining 40% share. The deal represents a positive move for Astaldi, which is keen to develop its presence in the western US. The six year contract requires the design and construction of the improvement works
  • Indian road contracts awarded
    January 31, 2022
    Two major Indian road contracts have been awarded.
  • Köster and Baresel to build Germany’s Hirschhagen tunnel
    February 4, 2013
    Köster and Baresel have been awarded the contract for the construction of the 4.2km long Hirschhagen tunnel in the German federal state of Hesse. Since the contract worth around US$ 335.14 million (€247mn) has been signed, the construction of what will be the longest road tunnel in Hesse could start in spring 2013. The Hirschhagen tunnel is part of the A44 motorway between Kassel and Eisenach. If all goes as planned, the tunnel is due to be opened for traffic at the beginning of 2018.
  • Funding for Croatia's road infrastructure
    May 8, 2012
    The European Investment Bank (EIB) has approved two loans worth €85 million for Croatia's road infrastructure. The first part of the loan is worth €60 million and will be used for construction of the Corridor Vc highway. The deal was signed between the EIB and Croatian motorways company Hrvatske Autoceste (HAC). The loan will finance 50% of the construction of the Corridor Vc highway. This includes a 12.5km section of the highway along the southern and northern part of the border with Bosnia and Herzegovina