Daewoo, Galfar Win $442m Oman Port Deal

Wednesday, April 30, 2008

Oman has awarded Daewoo Shipbuilding and local firm Galfar GECS.OM a construction contract worth $442.2m at Duqm port, a Galfar official said.
Oman's coastal area of Duqm is to become a fully integrated downstream export centre, together with a major export refinery and a petrochemicals complex. It will have a crude oil export terminal. The area will become a free zone for downstream industries.

Source: Reuters

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