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FINANCIAL NEWS
Omani-Indian JV awarded USD20m contract in SEZ
25 Aug 2015
(MENAFN) The joint venture of Omani contracting firm Hasan Juma Backer Trading & Contracting Co LLC (HJB) and India’s Tatva Global Environment has been awarded a contract valued at around USD20 million.
The awarded contract is aimed at the design and construction of an Integrated Waste Treatment Storage and Disposal Facility in Duqm Special Economic Zone (SEZ) on the Sultanate’s Wusta coast.
The Special Economic Zone Authority of Duqm (SEZAD) oversaw the competitive process for the award of the contract on behalf of the wholly government-owned Oman Environmental Services Holding Co (Be’ah).
SEZAD is spending several billions of dollars in the development of basic infrastructure, utilities and support services that will help drive investment inflows into Duqm.
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