Drake and Scull International (DSI) has been awarded a series of MEP (Mechanical, Electrical and Plumbing) contracts in Oman, worth US$26.13 million
This follows the Sultanate's recent announcement of plans to upgrade its housing and infrastructure over the next 10 years, with the aim of turning it into one of the region's leading construction markets.
DSI will oversee the complete MEP works, including design, supply, installation, testing and commissioning.
"The future developments in Oman represent an ideal opportunity for DSI to use its proven engineering technologies and regional experience, particularly in the MEP and water and power domains, to help expedite the growth of Oman's construction industry," said DSI chief executive officer, Khaldoun Tabari.
According to analysts, Oman's construction sector is expected to increase in value to $3.8 billion in 2012, and potentially to $5.4bn? by 2016.
Two areas that show the most potential are the energy and utility sectors, corresponding with DSI's expansion plans, Tabari pointed out.
The company said it also plans to be more invloved in railway, and oil and gas projects.
