Galfar wins $226m deal

Omans Galfar Engineering & Contracting Co has won an 87 million rial ($226 million) deal to build a sewerage network in Muscat, state-owned Oman Wastewater Services said yesterday.

  • PUBLISHED: Sun 17 Feb 2008, 9:19 AM UPDATED: Tue 22 Nov 2022, 3:54 PM

Oman Wastewater, which awarded the contract to Galfar, said work on the network would start in April and last three years.

Galfar, Oman's biggest construction company, sold $156.1 million of shares in an initial public offering in September.