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.
8-Apr-2010 10:51 AM