Muscat – In a disclosure on the Muscat Stock Exchange, Galfar announced that it has been awarded a significant contract by the Ministry of Transport, Communications and Information Technology.
The Letter of Award was officially accepted by the company on November 25, 2024.
The project, valued at approximately RO 118 million, is set to span a total duration of 39 months, covering both mobilization and execution phases. The commencement date for the project will be announced at a later time.
This latest award adds substantial value to Galfar’s order book and is expected to further bolster the company’s market share within the infrastructure sector. The company expressed its gratitude to the ministry for for the confidence vested upon Galfar through the award of this project.
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