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

  • Qatar reveals plans for US$12.36bn infrastructure projects
    January 16, 2014
    The Government of Qatar is reportedly near to agreeing deals for delivering a number of vital road transport and other infrastructure projects worth a combined US$12.36 billion (QAR 45 billion). Seven major expressways, other road development and repair projects, and key sewage infrastructure works make up the planned projects’ package. The expressway projects will have a combined road length of 900km, subways, flyovers and 240 major interchanges. In addition, the expressway projects will also include a h
    Read More
  • Work is scheduled to start on new Oman highway
    May 23, 2013
    Construction work on a key highway link in Oman is due to commence shortly. The 46km stretch of highway will be built by a joint venture comprising Serbian firm Konstruktor and Indian company Simplex Infrastructure. The project is worth some US$335 million and Simplex Infrastructure will be the majority partner with 52%, while Konstruktor will hold the remaining 48%. The agreement for the project was signed between the joint venture partners and the Ministry of Transport and Telecoms of Sultanata Oman.
    Read More
  • Uganda expressway connection; construction due to start
    September 25, 2019
    Construction work is due to start on the expressway project connecting Busega with Mpigi in Uganda. The contract was awarded to the Chinese construction firms China Civil Engineering Construction Corporation (CCECC) and China Railway 19th Bureau Group Company Limited. The companies have established a joint venture partnership to handle the work. The project is costing around US$147 million and the 24km expressway should take around three years to build. A loan from the African Development Bank is helping to
    Read More
  • Chinese firms win major Ethiopian road construction projects
    January 22, 2014
    Road construction projects worth around US$335 million (ETB 6.5 billion) combined have been awarded by the Ethiopian Roads Authority (ERA) to three Chinese companies, as part of the fourth Road Sector Development Programme. According to a Fortune report, a $25.04 million (ETB 485 million) contract was awarded to China Railway Seventh Group Co for building a 44km long road in Zagora, and five 30m bridges. Another company, China Railway No.3 Engineering Group Co, secured a $72.3 million (ETB 1.4 billion) dea
    Read More

Highlighted Content