Larsen & Toubro Oman has been selected to construct a passenger terminal along with other facilities at Sohar Airport.
The contract was awarded at a bid price of $93.4m (OMR36m), and is one of the total $254.5m (OMR98m) awarded for by the country's Tender Board.
According to information, the bid from the Indian contractor of around $89.5m (OMR34.5m) is closest among the four bids received by the authorities. Larsen & Toubro's bid is 23.9% lower as compared with its closest competitor Carillion Akawi's bid of $117.6m (OMR45.3m).
During last year, Sohar Airport's first and second packages were completed, and included infrastructure work, like construction of a 4km runway, 30km of airport service roads, and additional supporting infrastructure for the airport.
Joannou and Paraskevaides Oman and Strabag Oman had also submitted bids for the project.
The contract was awarded at a bid price of $93.4m (OMR36m), and is one of the total $254.5m (OMR98m) awarded for by the country's Tender Board.
According to information, the bid from the Indian contractor of around $89.5m (OMR34.5m) is closest among the four bids received by the authorities. Larsen & Toubro's bid is 23.9% lower as compared with its closest competitor Carillion Akawi's bid of $117.6m (OMR45.3m).
During last year, Sohar Airport's first and second packages were completed, and included infrastructure work, like construction of a 4km runway, 30km of airport service roads, and additional supporting infrastructure for the airport.
Joannou and Paraskevaides Oman and Strabag Oman had also submitted bids for the project.