FINANCIAL NEWS

Oman awards USD197mn worth deals for flood protection system

25 Nov 2016

(MENAFN) Oman’s Duqm has awarded a pair of deals worth USD197mn for the building of flood protection system designed to secure the zone’s multibillion-dollar investments.

The project, divided in separate deals, entails the building of an elaborate network of flood channels that will drain run-off from the Jurf and Saay Wadis crisscrossing the zone.

On the other hand, under the USD127mn contract, a main outlet channel will be constructed to collect the outflow from both Jurf and Saay for eventual drainage into the sea.

In addition, both water courses will be suitably excavated, trained and streamlined to ease the smooth flow of floodwater into the sea.

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