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Indian firm bags $141m deal to build roads in Oman

C&C Constructions Company will carry out road and civil works in the Sultanate, the company said in a filing, without elaborating on the scope of work

C&C Constructions Company will carry out road and civil works in Oman. [Representational image]
C&C Constructions Company will carry out road and civil works in Oman. [Representational image]

India’s C&C Constructions Company has been awarded a project for road and civil works in the Sultanate of Oman, the infrastructure company said in its filing.

The contract value of the project is $141.28m, according to local daily Times of Oman, which did not provide further details on the scope of work entailed by the contract. 

C&C operates as an infrastructure development company in India.

The company engages in the construction of highways and airports, installing of optic fibre cables and maintenance of telecom networks, said the Mint newspaper. 

C&C's shares reportedly surged following the announcement. 

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Construction Week - Issue 747
Aug 03, 2019