OMAN GROK Daily News – Excerpts from International Media Reports
[Links to full articles were active on the date posted here]
L&T Seeks to Strengthen Presence in Oman [May 31]
” L&T Oman (L&T), a joint venture of Indian engineering giant Larsen & Toubro Limited and The Zubair Corporation of Oman, aims to build on its robust performance of 2009 to emerge as a key player in the Sultanate’s rapidly expanding construction and infrastructure development sector. A team of top executives from the parent company was in Muscat late last week on a visit designed to review L&T Oman’s operational successes of last year, and to chart a strategy for the joint venture’s energetic future growth. The team, comprising K V Rangaswami, L&T Board Member and President of the Construction Division, and V B Gadgil, Senior Vice-President and Chairman of L&T Oman, met with L&T Oman’s senior management led by M Shyamsunder, Chief Executive, to explore opportunities for consolidating and strengthening the engineering conglomerate’s presence in the Sultanate..” [Complete Report]
A’Duqum Port in Oman to Boost Country’s Economy [May 31]
“A’Duqum Port in Al Wusta Region currently under construction is one of the strategic projects being implemented by the Sultanate’s Government to boost the national economy and revive the economic and industrial activities in the Sultanate in particular and the whole region in general. The Port of A’Duqum is characterized by it’s strategic location, as it overlooks the Arabian Sea and not far from the international shipping lines that link the East with the West and the regional shipping lines that link the AGCC countries and the Indian Ocean Rim countries with the international shipping lines. dditionally, A’Duqum Port will serve the shipping lines between the Ports of the Sultanate, support cargo movement, the industrial and tourism activities as it lies almost mid-way between Port Sultan Qaboos in Muscat and Port of Salalah in the Dhofar Governorate..” [Complete Report]
