WCT secures US$319.69mn Oman expressway construction deal

Malaysian construction firm WCT has secured a contract worth US$319.69 million (MYR 1bn) for the construction of a 44.75km expressway in Oman. According to a statement, WCT will be undertaking the project through a joint venture with Oman Roads Engineering within a period of three years.
August 30, 2012 Read time: 1 min
Malaysian construction firm 6491 WCT has secured a contract worth US$319.69 million (MYR 1bn) for the construction of a 44.75km expressway in Oman.

According to a statement, WCT will be undertaking the project through a joint venture with Oman Roads Engineering within a period of three years.

For more information on companies in this article

WCT

Related Content

  • India’s new expressway link
    April 12, 2021
    Accelerated road construction methods are being used to build an expressway link in India, setting records along the way
    Read More
  • The Dhaya Maju-HSL consortium wins Lebuhraya Borneo Utara deal
    March 22, 2016
    Lebuhraya Borneo Utara of Malaysia has awarded a highway construction contract valued at US$422 million to a 30:70 consortium comprising Dhaya Maju Infrastructure and Hock Seng Lee (HSL). Under the contract, the consortium is required to undertake related works for Phase I of the Pan Borneo Highway, according to a report by the New Straits Times newspaper. Works includes upgrading the Batang Rajang Bridge and construction of roads between Sungai Kua Bridge and Sibu Airport as well as between Julau Jun
    Read More
  • Indonesia’s Trans Marga Jateng secures key new toll road loan
    April 8, 2014
    A US$415.45 million (IDR 4.7 trillion) loan has been agreed for a new 75.67km toll road as part of the Trans Java toll road project in Indonesia. Trans Marga Jateng, the 60:40 joint venture of Indonesian state-owned toll-road operator Jasa Marga and Central Java's state-owned infrastructure firm Sarana Pembangunan Jawa Tengah, has secured the 15-year syndicated loan from a group of lenders headed by state-owned bank Bank Mandiri. The new toll road will run from Solo to Semarang through Salatiga and Boyola
    Read More
  • Chittagong raised expressway under construction
    March 1, 2019
    Construction work is underway on the elevated expressway project for Chittagong in Bangladesh.
    Read More

Highlighted Content