L&T Oman lands $93.1m Sohar Airport contract



L&T Oman, a unit of the Indian contractor Larsen & Toubro, has landed a contract to build a new passenger terminal at Sohar Airport.

The company announced the award of a $93.1 million contract to build a new regional airport in the Sultanate last week, but did not name the location.

However, it is understood to be for Sohar Airport, as it corresponds with an award recently made by Oman’s Tender Board for the third phase of construction at the airport. Bids for the project were initially submitted by contractors in September 2014.

Tender Board documents show that L&T Oman’s initial bid of $89.7m was considerably lower than that of almost $118m from its nearest bidder, Carillon Alawi.

Higher bids were also submitted by the Omani subsidiaries of Cypriot contractor Joannou & Paraskevaides and Austrian builder Strabag.

Larsen & Toubro said that the work would include building a new passenger terminal, an air traffic control complex, cargo and service buildings and all mechanical, electrical and plumbing works.

“The project is scheduled to be completed in 24 months,” the statement said. The passenger terminal will have a capacity to handle 500,000 people a year.

The first two packages of work at Sohar Airport were completed last year. These covered civil and infrastructure works including a runway, taxiways, service roads, power plants, fuel depots and a firefighting system. Nobody from Larsen & Toubro’s Oman office was available for comment.

The project is the third airport that will be built by L&T Oman under a programme of infrastructure investment in which the sultanate has spent billions on new facilities as part of its plan to boost tourism. The company built the new Salalah International Airport alongside joint venture partner Galfar Engineering & Contracting under a $764m contract. It opened in mid-2015 after a two-year delay and has a capacity to handle two million passengers, although this could eventually be upgraded to six million.

L&T Oman also won a $94m contract to build a similar-sized airport to Sohar in Duqm city last year.

Oman announced this month that it would cut spending more than 15 per cent this year as it attempts to readjust to a prolonged environment of lower oil prices.

It set a budget of 11.9bn Omani rials (Dh113.5), compared with 14.1bn rials last year.

mfahy@thenational.ae

Follow The National's Business section on Twitter

UAE currency: the story behind the money in your pockets
Europe’s rearming plan
  • Suspend strict budget rules to allow member countries to step up defence spending
  • Create new "instrument" providing €150 billion of loans to member countries for defence investment
  • Use the existing EU budget to direct more funds towards defence-related investment
  • Engage the bloc's European Investment Bank to drop limits on lending to defence firms
  • Create a savings and investments union to help companies access capital

Premier Futsal 2017 Finals

Al Wasl Football Club; six teams, five-a-side

Delhi Dragons: Ronaldinho
Bengaluru Royals: Paul Scholes
Mumbai Warriors: Ryan Giggs
Chennai Ginghams: Hernan Crespo
Telugu Tigers: Deco
Kerala Cobras: Michel Salgado

The specs

Engine: 2.0-litre 4-cylturbo

Transmission: seven-speed DSG automatic

Power: 242bhp

Torque: 370Nm

Price: Dh136,814

The Brutalist

Director: Brady Corbet

Stars: Adrien Brody, Felicity Jones, Guy Pearce, Joe Alwyn

Rating: 3.5/5

The specs
Engine: 77.4kW all-wheel-drive dual motor
Power: 320bhp
Torque: 605Nm
Transmission: Single-speed automatic
Price: From Dh219,000
On sale: Now
About RuPay

A homegrown card payment scheme launched by the National Payments Corporation of India and backed by the Reserve Bank of India, the country’s central bank

RuPay process payments between banks and merchants for purchases made with credit or debit cards

It has grown rapidly in India and competes with global payment network firms like MasterCard and Visa.

In India, it can be used at ATMs, for online payments and variations of the card can be used to pay for bus, metro charges, road toll payments

The name blends two words rupee and payment

Some advantages of the network include lower processing fees and transaction costs

Going grey? A stylist's advice

If you’re going to go grey, a great style, well-cared for hair (in a sleek, classy style, like a bob), and a young spirit and attitude go a long way, says Maria Dowling, founder of the Maria Dowling Salon in Dubai.
It’s easier to go grey from a lighter colour, so you may want to do that first. And this is the time to try a shorter style, she advises. Then a stylist can introduce highlights, start lightening up the roots, and let it fade out. Once it’s entirely grey, a purple shampoo will prevent yellowing.
“Get professional help – there’s no other way to go around it,” she says. “And don’t just let it grow out because that looks really bad. Put effort into it: properly condition, straighten, get regular trims, make sure it’s glossy.”