Tipco wins Liwa City deal
01 October 2015
Omani construction firm Towell Infrastructure Projects (Tipco) has won a $214-million contract to build the infrastructure for Phase Two of the new Liwa City project being established by the Omani government in North Al Batinah Governorate, said a report.
The Ministry of Housing is investing around $1.3 billion in the establishment of the landmark project, according to a report in the Oman Observer.
A masterplan approved by authorities envisages the construction of an estimated 2,500 to 3,000 housing units along with the requisite infrastructure of an urban development. When fully completed by early 2018, Liwa City is expected to be home to around 30,000 people.
As per the contract, Tipco will put in place a full spectrum of utilities, amenities and other support infrastructure necessary to sustain a modern township, said the report.
Tipco offers services in the projects and services sector related to civil, electromechanical and instrumentation projects. The core areas its targets include infrastructure projects (water, waste water and roads), power, oil and gas and other industrial projects.
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