Galfar Engineering & Contracting will begin construction in October 2019
Khazaen Economic City, the master developer of the largest public-private-partnership project in Oman, has awarded the first construction contract to Galfar Engineering & Contracting for OMR 9.2mn (US$ 24mn).
Galfar is expected to begin construction in October of this year and will be responsible for developing 10 km of asphalt roads, a streetlight network, 15 km of storm water channels, and a 22 km potable water network including the main water transmission line and storage tanks. The project is scheduled for completion within 12 months.
“The development of a high-quality infrastructure network at Khazaen Economic City demonstrates our commitment to this project and will serve as an important catalyst for growth – attracting investors and tenants alike,” remarked Khalid Awadh Al-Balushi, CEO, Khazaen Economic City.
The first phase of development will open up an area of 3 million square meters, representing a major investment opportunity in one of the Sultanate’s key infrastructure initiatives.”
“The awarding of this initial infrastructure contract will enable and support the development of all subsequent initiatives and projects at Khazaen, and establishes fully serviced platforms for local and international investors,” commented Eng. Salim Al Thuhli, General Manager-Project, Khazaen Economic City.
Khazaen is strategically located in Barka, between Muscat and Sohar, and will cover an area of 52 sqkm in its first stage. The city will serve as Oman’s northern logistics hub, connecting a number of key development projects across the Sultanate via its extensive dry port facilities. Khazaen will also host dedicated areas for commercial, industrial, and residential use, whilst also providing the residents of the wider region with new health, education and leisure facilities.
