Kuwait - Mubasher: Combined Group Contracting Company (CGC) said that it was awarded a tender in Oman at a value reaching OMR55.4 million or KWD43.22 million ($143.6 million).
The tender is launched for establishing buildings, road and infrastructure works in a governmental area and in the Port of Duqm. The project implementation period is 30 months, according the company’s statement.
CGC is expected to achieve a profit margin of 0.959% of the project’s value at the end of the first year, 4.996% by the end of the second year, and 2.045% by the end of the third year.
