Oman’s Ministry of Finance has qualified five companies to design, construct, finance, operate and maintain the Salalah-Thumriat Truck Road under public public-private partnership (PPP) agreement.
The Ministry of Transport, Communications, and Information Technology is overseeing the development of a specialized 67-km road designed for heavy vehicles. Selected bidders for this project include VINCI Highways, STRABAG Motorway, China Communications Construction Company, Plenary Middle East (in collaboration with international firms), and Bouygues Travaux Public SAS (in collaboration with a local company). This project, estimated to cost between US$520 million and US$650 million, is aimed at supporting Oman's mineral industry and enhancing trade connections with neighboring Yemen through the Al Mazunah Free Zone.
Country updates
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September 05, 2023
Five bidders in race for Oman’s US$650 million truck road construction project
Oman’s Ministry of Finance has announced that 5 bidders are in the race for Oman’s US$650m truck road construction project. A 67km tolled road, designed for transporting minera...
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August 18, 2023
Tender relaunched for Liwa Fishery Harbour development PPP Project in North Batinah
The Ministry of Agriculture, Fisheries and Water Resources (MAFWR) has invited bids to develop, manage and operate the Liwa fishing port in North Batinah, Oman. The developmental process unfolds thro...
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August 11, 2023
Framework Agreement Signed for Developing and Operating Shinas Port in Oman
The Ministry of Transport, Communications and Information Technology (MTCIT) has signed a framework agreement with “QSS Maritime” to develop, manage and operate Shinas Port in Om...
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July 25, 2023
Contract awarded for central cooling plant construction project in Muscat
The Ministry of Higher Education, Research and Innovation, Oman signed a Strategic Partnership Agreement with Tabreed Oman SAOC for the construction of the central cooling plant for Innovation Park Mu...
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April 06, 2023
Final close for Rakiza Infrastructure Fund
Rakiza has announced the final close of its first infrastructure fund at over US$ 1 Billion. The Fund invests in infrastructure projects, that generate stable returns and yield income, in renewables,...
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