Indian firm wins $49.3m Oman university deal

  • Share via facebook
  • Tweet this
  • Bookmark and Share
(Photo for illustrative purposes only)

(Photo for illustrative purposes only)

Indian contracting giant Larsen & Toubro has been awarded a $49.3m contract to build a new university in Oman.

The contractor's Oman unit will build phase one of Al Buraimi University within 20 months as part of the contract agreement. 

The deal was signed by Dr Abdullah bin Mohammed al-Sarmi, Undersecretary of the Ministry of Higher Education and acting chairman of Al Buraimi University and the CEO of Larsen & Tubro Oman, Oman News Agency reported.

Sayyid Ibrahim bin Saud al-Busaidi, governor of Al Buraimi, said that the university will be an "important addition to the culture of the sultanate in general and to education infrastructure in the governorate in particular".

He added that the university will be built on about 1.1 million sq m and its design will be "in line with the history and culture of the Al Buraimi Oasis".

Al-Sarmi said that the campus will include buildings for administration, teaching staff, three colleges, laboratories and foundation programme. 

Currently, the Oman government spends an estimated $3.5bn annually on education alone and allocates around 12-14 percent of its yearly budgeted expenditure to the education sector.

Last August it was announced that new international schools are set to be established in Oman as part of a new joint venture project with a global education company.

CORE Education & Technologies said it has inked the joint venture agreement with Muscat Overseas Company through its Middle East-based subsidiary, CORE Education & Consulting Solutions.

The 50:50 joint venture will seek to develop a world-class education environment in the Sultanate of Oman.

Related:
Join the Discussion

Disclaimer:The view expressed here by our readers are not necessarily shared by Arabian Business, its employees, sponsors or its advertisers.

Please post responsibly. Commenter Rules

  • No comments yet, be the first!

Enter the words above: Enter the numbers you hear:

All comments are subject to approval before appearing

Further reading

Features & Analysis
Mall talk

Mall talk

Plans for Dubai’s Mall of the World have made headlines all over...

1
Qatar's labour requirements

Qatar's labour requirements

Qatar’s Supreme committee has published worker welfare standards...

2
$40bn housing deal may signal Gulf investment push into Egypt

$40bn housing deal may signal Gulf investment push into Egypt

Egypt's economy is recovering only slowly from the turmoil that...

Most Discussed
  • 24
    World's most pierced man refused entry to the UAE

    Tolerance has its limits everywhere including Dubai and those who considered Dubai a lawless circus were held accountable...so thank you Dubai authorities... more

    Thursday, 21 August 2014 10:51 PM - Khalil
  • 23
    Baby NOT on board?

    Some of you cry babies need to get your own personal apartments on the plane ! You cry more then the babies I have seen in my travels. LOL more

    Thursday, 28 August 2014 9:10 AM - Jim
  • 21
    Israel “must be punished” over Gaza, says Dubai police chief

    This high moral ground that Mick is talking abt sound very familiar. May I remind Mick that the US & its British ally alone killed over 1 million innocent... more

    Thursday, 7 August 2014 4:12 PM - Mathew