MUSCAT: Galfar Engineering and Contracting has been awarded a project to “rehabilitate southern runway and air corridors” of Muscat International Airport.
In a disclosure to Muscat Stock Exchange, Galfar said the total value of the project is valued approximately OMR 21 million. The project execution is expected to take 16 months to complete.
“We are pleased to inform our esteem shareholders that the tender board has awarded to Galfar Tender no. 06/2020 on “Rehabilitation of the Southern Runway and Air Corridors of Muscat International Airport (MC15) Project”.The estimated value of this project, which will be executed to Civil Aviation Authority is approximately OMR 21 million with execution period of 16 months from the issuance of the Work Commencement Order, to be addressed to the Company following completion of the procedures of contract signing. It is expected that this project will contribute to the Company revenues and strengthen our presence in such vital infrastructure project,” the statement added.
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