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FINANCIAL NEWS
Omani Target LLC’s USD58.36m pipeline bid may win
27 Jul 2015
(MENAFN) A contract for building a pumping station and a water pipeline to connect the newly planned Quriyyat water desalination plant with Wadi Dhaqah is expected to be awarded to Target LLC, Times of Oman reported.
The potable water supply is a part of a scheme to supply potable water from the USD258.25 million-Quriyyat desalination plant, an independent water project to be built by a consortium led by Hyflux, to the main grid.
Although Target LLC is yet to receive an official confirmation from the Tender Board, the company’s bid amount of USD58.36 million matches with the price at which the authorities awarded the project contract.
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