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Galfar .... to complete the project in three years.

Galfar bags $553m ROP hospital construction deal

MUSCAT, January 2, 2015

Galfar Engineering and Contracting Company has won a major contract of RO213.96 million ($553.9 million) for the construction of Royal Oman Police's (ROP) new general hospital at airport heights, according to a report.

"We are pleased to inform our esteemed shareholders and investors that Galfar Engineering and Contracting has been awarded the construction of ROP 's New General Hospital, BP 2, Package 1 at Airport Heights by ROP vide their letter of intent signed by the company for RO213.96 million," Dr Hans Erlings, chief executive officer, was quoted as saying in the Muscat Daily report.

The completion period of the contract is 1,095 days (three years), said the report.

Meanwhile, the shares of the firm jumped 5.92 per cent on Wednesday at the Muscat Securities Market (MSM), it added.




Tags: Galfar | Oman | Hospital | ROP | Constrcution |

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