Construction
Galfar Bags $24mn Construction Contract for Khazaen Economic City

Oman’s Galfar Engineering & Contracting has been awarded the first construction contract for Khazaen Economic City, stated a media release. This is the first construction contract to be awarded and worth OMR 9.2 million (US $24 million).
Under the contract, Galfar will be responsible for developing:
- 10 km of asphalt roads
- A streetlight network
- 15 km of storm water channels
- A 22 km potable water network including the main water transmission line and storage tanks.
According to the release, Galfar is expected to begin work in October. The project is scheduled for completion within 12 months.
First Phase of Development
Khalid Awadh Al-Balushi, Chief Executive Officer of Khazan Economic City, said: “The development of a high-quality infrastructure network at Khazaen Economic City demonstrates our commitment to this project and will serve as an important catalyst for growth – attracting investors and tenants alike.
The first phase of development will open up an area of 3 million square meters, representing a major investment opportunity in one of the Sultanate’s key infrastructure initiatives.”
We encourage all interested parties, both foreign and domestic, to submit investment applications at the earliest available opportunity.”
Eng. Salim Al Thuhli, General Manager of Project at Khazaen Economic City, added: “The awarding of this initial infrastructure contract will enable and support the development of all subsequent initiatives and projects at Khazaen, and establishes fully serviced platforms for local and international investors. We eagerly look forward to the completion of this phase, which is expected within the next 10 months.”
The award of the contract to Galfar Engineering & Contracting, which has been linked to a number of the largest and most prominent public and private construction projects in the Sultanate, follows the announcement of the detailed master plan for Khazaen Economic City.
Khazaen Economic City
Khazaen is strategically located in Barka, between Muscat and Sohar, and will cover an area of 52 square kilometres in its first stage. The city will serve as Oman’s northern logistics hub, connecting a number of key development projects across the Sultanate via its extensive dry port facilities.
Khazaen will also host dedicated areas for commercial, industrial, and residential use, whilst also providing the residents of the wider region with new health, education and leisure facilities.
Read more:
https://www.businessliveme.com/economy/infrastructure/oman-construction-projects/
-
Banking & Finance2 months ago
National Finance Reinforces Position as Partner for Growth, Offers a Comprehensive Product Suite to Support Customer Ambitions
-
OER Magazines2 months ago
OER, June 25
-
Energy2 months ago
Russian Energy Week from October 15-17, 2025 offers alternative formats of cooperation
-
Technology2 months ago
SPIEF 2025 showcases cutting-edge technologies and digital innovation through its Innovation Space initiative
-
OER Magazines4 weeks ago
OER, July 25
-
Energy2 months ago
The year 2025 is a special year for Oman and Russia as it marks 40 years of diplomatic relations between the two countries says HE Sergey Tsivilyov, Energy Minister of Russia
-
Education1 month ago
Russia offers diverse tourism and education opportunities: Sofia Malyavina
-
Alamaliktistaad Magazines4 weeks ago
Al-Iktisaad, July 25
You must be logged in to post a comment Login