Galfar to build RO61mn fishing port in Duqm

Galfar Engineering and Contracting Company has been awarded a contract worth RO60.694 to build a fishing port at Duqm, according to a disclosure statement posted by the company on Muscat Securities Market (MSM) website.
The duration of the contract awarded by the Special Economic Zone Authority, Duqm (SEZAD) is 30 months in addition to six months for mobilisation. “We expect reasonable income from this project,” said Dr Hans Erlings, CEO of Galfar in the statement.