WCT Berhad wins Oman expressway contract

Oman-expressConstruction company WCT Berhad has won a US$320mn contract from the Oman government to build a four-lane expressway in the country

The rights and liabilities of WCT and Oman Roads Engineering Company in the joint venture are in the ratio of 80:20.

The scope of works will comprise the construction and completion of the 44.75km dual four-lane Batinah Expressway, and has been scheduled for completion in 36 months.

WCT said the contract was expected to contribute positively to the group's earnings and net assets for the financial years from 2012 to 2015. 

Alain Charles Publishing, University House, 11-13 Lower Grosvenor Place, London, SW1W 0EX, UK
T: +44 20 7834 7676, F: +44 20 7973 0076, W: www.alaincharles.com

twn Are you sure that you want to switch to desktop version?