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P Mohamed Ali
7

P Mohamed Ali

Managing Director, Galfar Engineering
Ahmad Suleiman Abdulaziz Al Rajhi
Khaldoun Tabari

A surprise selection at number seven in this year’s Power 100 is Oman-based Galfar Engineering’s P Mohamed Ali, which was made after careful consideration.

We liked his determination to go into Saudi and Iraq but more interestingly his commitment to using local sub-contractors.

This is an area that will become increasingly important to big-spending governments and we believe Galfar sets a hugely influential example for our industry.

Speaking in February at the company’s annual vendors’ meet Dr Ali said: “Currently, we work out of Oman, India and Kuwait. We have plans to expand to countries such as Saudi Arabia and Iraq in the future. As we grow, our main aim will always be to focus on the critical activity of the business and to subcontract the rest to local contractors.”

Galfar is a multi-disciplined engineering, construction and contracting firm whose work includes oil & gas expertise as well as roads, infrastructure and even hospital builds.

In Salalah it is building the $38 million cardiac unit as well as the Batinah Expressway, where Galfar has a $361 million eight-lane section of 45km including interchanges, overpasses, a bridge and 223 box culverts.

Last year the Sultan of Oman said a minimum of 10% of any government contract value must be sub-contracted. Dr Ali said: “We at Galfar have always sub-contracted our activities.

“Currently, 15% of our business is subcontracted. Presently, we procure nearly OMR200m ($519.5m) of services from the local market, hiring equipment worth OMR20,000 ($52,000) every day.”

Last month it announced that it has won two new contracts worth $49.6m. The larger, worth $39m, is a two-year deal covering pipeline and fabrication works at the Safah & Wadi Latham oilfield. The contract was awarded by the Occidental Petroleum Corporation.

The second contract is a $10.6m project to build a series of new buildings for Oman Medical College at its Sohar campus.

The wins come on the back of newly-filed accounts for the first quarter of 2013 which show that the company increased year-on-year net profit by 55% to $6.9m as contract income grew by 29% to $192m.

Other player

Kez Taylor
1
ALEC
Yu Tao
2
CSCEC ME
Hamish Tyrwhitt
3
Arabtec Holding / Depa Group
Emad Azmy
4
Emad Azmy
Dr Eng Sani Sener
5
TAV Group
Samer Khoury
6
Consolidated Contractors Company (CCC)
Mohamed Alabbar
8
Emaar Properties
Stephen Flint
9
Khansaheb Civil Engineering
Patrick McKinney
10
BAM International

Awards

Deadline approaches for CW Oman Awards 2020 in Muscat
You have until 20 January to submit your nominations for the ninth edition of the
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The Middle East construction industry’s approach to tech must evolve and focus on how can

Conferences

CW In Focus | Inside the Leaders in KSA Awards 2019 in Riyadh
Meet the winners in all 10 categories and learn more about Vision 2030 in this
CW In Focus | Leaders in Construction Summit UAE 2019
A roundup of Construction Week's annual summit that was held in Dubai this September

Latest Issue

Construction Week - Issue 758
Feb 08, 2020