Quotes: MENA   Enter Symbol: NewsLetter: Search: advanced

Oman- H E Futaisi signs 31 pacts worth RO328mn  Join our daily free Newsletter

MENAFN - Muscat Daily - 18/06/2014
No. of Ratings : 0
Add to Mixx!



(MENAFN - Muscat Daily) Mohammed bin Salim al Futaisi, Minister of Transport and Communications signed 31 agreements worth RO327.82mn on Tuesday.

Speaking on the occasion, H E Dr Futaisi said that these agreements show the government's keenness to develop the road network. ''This will go a long way in facilitating people's movement and boosting the country's economy in areas like tourism and commerce.'' He said that the Ministry of Transport and Communications is following up on status of all road projects being executed across the country.

''The ministry will initiate legal action, and even impose fines on any executing company found not sticking to the project deadline. Termination of the contract will be used as the last resort.''

He said that project schedules vary depending on the size, but bigger projects usually take three years to complete.

 

TOP THREE PROJECTS

The Works                                                                                &bsp;                        

COST

Dualisation of the 76km Bidbid-Sur road (Second phase, first part).                       RO98.53mn

Contract signed with Larsen & Toubro (Oman)

Dualisation of the 56km Bidbid-Sur road                                                                           RO41.99mn
(Second phase, second part). Contract signed with
Khalid bin Ahmed and Sons in collaboration with
Spanish company Cors?n-Corviam

Improvement of the Khasab coastal road.                                                                      RO41.99mn
Signed with Sezai Turkes Feyzi Akkaya in
collaboration with Sezai Turkes Feyzi Akkaya
Construction Co (Oman)<


 


Muscat Daily




  MENA News Headlines
 Jul 27 2016 - UN agency: Economy still sliding in Latin America, CaribbeanSaudi Press Agency
(MENAFN - Saudi Press Agency) SANTIAGO, Chile, Shawwal 21, 1437, July 26, 2016, SPA -- The U.N.'s Economic Commission for Latin America and the Caribbean is projecting a 0.8 percent slide in the ...

 Jul 27 2016 - President confers Independence Order on Indian AmbassadorEmirates News Agency (WAM)
(MENAFN - Emirates News Agency (WAM)) ABU DHABI, 26th July, 2016 (WAM) President His Highness Sheikh Khalifa bin Zayed Al Nahyan has conferred the Independence Order (First Class) upon T. P. ...

 Jul 27 2016 - EU rotating presidency schedule moved ahead six months on BrexitSaudi Press Agency
(MENAFN - Saudi Press Agency) Berlin, Shawwal 22, 1437, July 27, 2016, SPA -- Following Britain's decision to forgo its six-month European Council presidency in 2017, the council on Tuesday decided ...

 Jul 27 2016 - President confers Independence Order on Chinese AmbassadorEmirates News Agency (WAM)
(MENAFN - Emirates News Agency (WAM)) ABU DHABI, 26th July, 2016 (WAM) President His Highness Sheikh Khalifa bin Zayed Al Nahyan has conferred the Independence Order (First Class) upon Chang ...

 Jul 27 2016 - Saudi- Minister of Culture, Information Receives Culture, Arts Association's ChairmanSaudi Press Agency
(MENAFN - Saudi Press Agency) Jeddah, Shawwal 21, 1437, Jul 26, 2016, SPA -- The Minister of Culture and Information Dr. Adel bin Zaid Al-Toraifi received here today Chairman of the Saudi Arabian ...

 Jul 27 2016 - New batch of 80 diplomats sworn in before Sheikh Abdullah bin ZayedEmirates News Agency (WAM)
(MENAFN - Emirates News Agency (WAM)) ABU DHABI, 26th July, 2016 (WAM) A new batch of 80 male and female diplomats took the oath of office on Tuesday before H.H. Sheikh Abdullah bin Zayed Al ...

 Jul 27 2016 - RTA Customers' Council explores improving NOCs services to partners, developersEmirates News Agency (WAM)
(MENAFN - Emirates News Agency (WAM)) DUBAI, 26th July, 2016 (WAM) -- The Customers Council at Roads and Transport Authority (RTA), has explored a number of services related to No Objection ...

 Jul 27 2016 - Jordanian King receives phone call from British PMSaudi Press Agency
(MENAFN - Saudi Press Agency) Amman, Shawwal 22, 1437, July 27, 2016, SPA -- Jordanian King Abdullah II on Tuesday received a phone call from British Prime Minister Theresa May, during which both ...

 Jul 27 2016 - Emirates Airlines' Dubai to Maldives flight lands safely in Mumbai due to technical diversionEmirates News Agency (WAM)
(MENAFN - Emirates News Agency (WAM)) DUBAI, 26th July, 2016 (WAM) -- The spokesman of the Emirates Airlines has announced that the Emirates can confirm that on 26 July 2016, flight EK652 from ...

 Jul 27 2016 - Brazil, Venezuela drag Latin America to 2016 recessionSaudi Press Agency
(MENAFN - Saudi Press Agency) Santiago, Shawwal 22, 1437, July 27, 2016, SPA -- Latin America's economy will shrink in 2016 by 0.8 per cent, according to a projection by the UN Economic Commission ...

more...


 





Google

 
 

Middle East North Africa - Financial Network

MENAFN News Market Data Countries Tools Section  
 

Middle East North Africa - Financial Network
Arabic MENAFN

Main News
News By Industry
News By Country

Islamic Finance News
Private Equity News

How-To Guides
Technology Section

Travel Section

Search News

Market Indices
Quotes & Charts

Global Indices
Arab Indices

Commodoties

Oil & Energy

Currencies Cross Rates
Currencies Updates
Currency Converter

USA Stocks
Arab Stocks
 

Algeria 
Bahrain 
Egypt 
Iraq
Jordan 
Kuwait 
Lebanon
Morocco 
Oman 
Palestine
Qatar 
Saudi Arabia 
Syria
Tunisia 
UAE 
Yemen

Weather
Economic Calendar
Financial Glossary


Financial Calculators

RSS Feeds [XML]

Corporate Monitor

Events

Real Estate
Submit Your Property

Arab Research
Buy a Research

Press Releases
Submit your PR

Join Newsletters


 
© 2014 menafn.com All Rights Reserved.  Terms of Service | Privacy Policy | Contact Us | Advertise | About MENAFN | Career Opportunities | Feedback | Help