Croatian construction firm 1567 Konstruktor and India’s Simplex Infrastructure are reported to have been awarded a contract worth US$ 335 million (€259.34mn) for the construction of 46km of motorway in Oman. The joint venture project envisages that Konstruktor will hold 48%, while Simplex will own 52% of the project. The deal has been signed with the Ministry of Transport and Telecoms of Sultanata Oman.
Croatia’s Konstruktor and India’s Simplex win US$335mn Oman motorway contract
Croatian construction firm Konstruktor and India’s Simplex Infrastructure are reported to have been awarded a contract worth US$ 335 million (€259.34mn) for the construction of 46km of motorway in Oman. The joint venture project envisages that Konstruktor will hold 48%, while Simplex will own 52% of the project. The deal has been signed with the Ministry of Transport and Telecoms of Sultanata Oman.
May 22, 2013
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