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

  • Legacy Way underground road tunnel in Brisbane to cost US$1.57bn
    November 21, 2012
    The 5km Legacy Way underground road tunnel in Brisbane, Australia will cost US$1.57 billion (AUD 1.50bn). Brisbane City Council (BCC) will borrow US$ 1.04 billion (AUD 1bn) from the Queensland Treasury Corporation (QTC) on a 30-year loan to help fund the works. Meanwhile the federal government will contribute US$520.92 million (AUD 500mn) to the project. The tunnel is expected to carry 24,000 cars a day when it opens in 2015. The Clem 7 and Airport Link are two tunnels already operating in Brisbane.
    Read More
  • China firms win US$149.77mn Ethiopia road upgrade contract
    June 14, 2013
    The Ethiopian Roads Authority has awarded a contract worth at least US$149.77 million (ETB 2.8bn) for a road upgrade to two China-based firms, with works due to be wrapped up in 36 months. Under the deal, the two companies are to upgrade a 133km road between the districts of Mille and Kombolcha from gravel to asphalt-concrete roads. Money for the works is being sourced from a loan extended by the World Bank.
    Read More
  • Highway developments in India
    February 23, 2012
    A major highway deal has been agreed for a road project in Gujarat, India, worth an estimated US$810.8 million. It will be handled under the build, finance, operate and transfer basis and will involve upgrading and widening to six lanes a 102km section of National Highway 8 (NH-8) from Ahmedabad-Vadodara. The project also includes upgrading 92km of the existing Ahmedabad-Vadodara expressway. Work is expected to take three years to complete, and the 25-year concession deal for the project has been agreed bet
    Read More
  • Highway developments in India
    April 10, 2012
    A major highway deal has been agreed for a road project in Gujarat, India, worth an estimated US$810.8 million. It will be handled under the build, finance, operate and transfer basis and will involve upgrading and widening to six lanes a 102km section of National Highway 8 (NH-8) from Ahmedabad-Vadodara. The project also includes upgrading 92km of the existing Ahmedabad-Vadodara expressway. Work is expected to take three years to complete, and the 25-year concession deal for the project has been a
    Read More

Highlighted Content