South Korea's Hanjin Heavy Industries reportedly placed the highest bid, at USD106.7 million, for Phase II of Oman's Sohar Airport airfield work (Reuters, 08-Apr-2010). Consolidated Contractors reportedly placed a bid for USD106.6 million, with two other foreign firms also bidding for the tender: Larsen & Toubro tendered for USD78.7 million and Austria's Strabag bid USD74.3 million. The development will include the construction of the runway, aircraft parking facilities, electrical works and lighting systems. Two local companies, Galfar Engineering and Desert Line also put in bids, of USD76.6 million and USD77.4 million, respectively. The tender was closed on 04-Jan-2010, with the Oman Government now evaluating the bids. The contract is expected to be awarded in 2H2010.
Six firms submit bids for tender for Phase II of Sohar Airport's airfield work
You may also be interested in the following articles...
Middle East is aviation’s most diverse market
Despite being a relatively compact geographic area, the Middle East is aviation’s most diverse market. The region is home to three airlines – Emirates, Qatar and Etihad – that link traffic from all parts of the world but also makes them disruptors and opposed by many competitors.
Havana Jose Marti International Airport: Exciting times and the opportunity to become a regional hub
As a result of the restoration of diplomatic relations between Cuba and the United States of America the US President Barack Obama visited Cuba in Mar-2016. In his speeches he placed heavy emphasis on youth, generational shift and the future (the main protagonist of the old guard, Fidel Castro, rejected Obama's visit and his words of reconciliation). This has whetted the appetite of airlines, airport operators, ATM providers and investors seeking opportunities there.
Indeed, and even though Cuba has long been receiving flights from many countries if not from the US (where only ‘special circumstances’ applied), it is possible to bracket these events with other similar outcomes in countries such as Iran and Myanmar. Suddenly, Cuba is ‘open for business’ in the eyes of the western world, but that might not quite be the case. There is a long way ahead and there is a lot to be done, with no guarantees.
This report, while dealing briefly with wider aviation and, indeed, economic issues arising out of the rapprochement, focuses on the country’s leading airport, Havana’s Jose Marti International - and how it stands to gain from these developments; particularly if it could become a regional hub.