Oman’s MTCIT invites bids for two ports
24 May 2021
Oman’s Ministry of Transport, Communication and Information Technology (MTCIT) has invited bids from construction firms and operators for the development and operation of the Port of Khasab and Port of Shinas.
According to a report by the Oman Observer, the ministry called upon interested parties on a concessionary agreement to develop and operate the two ports. The terms of the concession period will be mutually agreed upon based on an investment basis, the report noted.
Both ports are involved in domestic and international trade, equipped with basic infrastructure and offices for concerned government agencies, the report said.
The move is part of the ministry’s efforts to secure a global reputation for the transport and logistics sectors in the Sultanate, and for the sectors to be the second source of national income and within the top ten in logistics performance at the international level by 2040.
Related
-
CAF secures $453m maintenance contracts in UK and Colombia
9 May 2025
-
Scatec starts work on $590m solar and battery project
9 May 2025
-
Oman signed $564mn deal with Chinese firm to set up solar plant
9 May 2025
-
Spain commits €340 million to Casablanca desalination plant
9 May 2025
-
Rosatom suing Finnish companies for $2.8bn over terminated nuclear plant contract
7 May 2025
-
Egypt Signs $120 Million Deal for KIZAD East Port Said project
7 May 2025