L&T Oman, KAS win RO 189m Bidbid–Sur road project


09/02/2014 13:51 AST

Well-known infrastructure contractors Larsen & Toubro (L&T) Oman and Khalid bin Ahmed & Sons LLC (KAS Constructions) are understood to have won Section 2 of the prestigious Bidbid-Sur triple-lane dual carriageway project announced here late last week. While L&T Oman is said to have scooped Section 2A — a roughly 76km stretch valued at RO 98.3 million, KAS Constructions is known to have landed Section 2B — a 56km stretch valued at RO 91.3 million. The two contractors will simultaneous execute their respective segments totalling around 132 kilometres in length and amounting to RO 189.8 million in value. With the award of the contracts, construction work on the outstanding segments of one of Oman’s biggest and most complex road undertakings is set to finally get underway.

The Ministry of Transport and Communications is overseeing the implementation of the massive 250km upgrade in line with His Majesty the Sultan’s Royal directives for the multi-laning of this vital carriageway, which links Muscat Governorate with major wilayats in the Sharqiyah North and South governorates. A decision to add a third lane on either side of the dual road has swelled the total cost of the project to around RO 432 million ($1.120 billion), effectively placing the Bidbid-Sur triple-lane project among the country’s most expensive road-building ventures. Given the size of the project, the rugged terrain through which much of the new alignment runs, and the necessity to execute the venture within budget and on time, the project was structured for implementation in two key sections. Section 1, comprising in turn segments 1A and 1B, is already under implementation.

A joint venture of Italy-based international construction firm Astaldi and Turkish contractor Ozkar Insaat Sanayi ve Ticaret AS is undertaking the triple-laning of a 40km stretch from Sarur in Samayil wilayat to Wadi al Aqq. This stretch, representing Section IA of the 250km-long project, is valued at RO 125.231 million. Section 1B is being implemented by the joint venture of Turkey’s STFA and UAE-based Habtoor Leighton Group (HLG). The 75km stretch, valued at RO 117 million, takes the dualised carriageway all the way to Ibra. Sections 2A and 2B, awarded last week, cover the remainder 132km stretch from Ibra to Sur. As the successful contractor for Section 2A, L&T Oman will the constructing a 76km six-lane dual road from where the STFA/HLG joint venture’s segment (1B) ends just beyond Ibra town. This segment, which primarily traverses flat terrain, will end at Al Kamil.

Also as part of its brief, the contractor will construct a total of 10 arch-type interchange bridges, five vehicle underpasses, 7 single-cell pedestrian underpasses, and 15 kilometres of linked and service roads along the route. For its part, KAS Constructions will build the remaining 56km stretch (2B) from Al Kamil to a point near Sur Hospital, which marks the southern end of the Bidbid-Sur carriageway project. Given the undulating terrain through which part of the alignment runs, the contractor will also construct four interchanges and a similar number of wadi bridges. Implementation timeframes for both segments are 36 months (excluding two months mobilisation). When completed, tentatively by the year 2017, the upgrade will transform the present largely single-lane carriageway into an international-class, all-weather motorway with a design speed of 120 kilometres per hour.

For more on this Click Here

Oman Daily Observer
Economic and Business News
2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | News Archive
Most Viewed Companies
Ticker Price Volume
QNBK 146 383,603
WAHA 1.72 489,438
DAMAC 2.88 5,023,218
BATELCO 0.26 25,000
BKIZ 0.08 62,350
SABIC 98.2 2,769,289
BKDB 0.23
Recent News

OPEC says it will extend production cuts through March 2018
The Organization of the Petroleum Exporting Countries on Thursday renewed an agreement to withhold some crude-oil supplies into March 2018, people familiar with the matter said, doubling down on its

OPEC meets to extend oil cuts for up to one year
OPEC and non-member oil producers are gearing up to extend output cuts on Thursday, possibly by as long as 12 months, to help clear a global stocks overhang and prop up crude prices.

The O

U.K. Economy Weakens More Than Estimated, Growth Drops to 0.2%
The U.K. economy slowed more sharply than initially estimated in the first quarter as shoppers flagged and trade dragged on growth.

Gross domestic product rose 0.2 percent, less than the 0

OPEC Set to Prolong Cuts as Effort to Clear Oil Glut Goes Slow
OPEC and its allies were poised to extend their production cuts for another nine months after last year’s agreement failed to clear a global supply glut or deliver a sustainable price recovery.

Oman share index falls on regional cues
Oman’s benchmark, MSM30 Index, followed regional cues and ended on a weaker note at 5,392.31 points, down 0.17 per cent. The MSM Sharia Index closed at 789.80 points, up 0.06 per cent. Al Madina Inve

GulfBase GCC Index
Search By
  • Company Symbol
  • Company Name
  • Mutual Fund Name
  • News Content
Send this page to a friend

Poll

Looking ahead, what change you are more likely to make in investing in your domestic stock market?