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 1567 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.
Work is scheduled to start on new Oman highway
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.
Materials / May 23, 2013
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