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Oman awards Hutchinson $130m port terminal contract
- Oman: Sunday, January 20 - 2013 at 04:31
Oman's Port of Sohar has awarded Hong Kong's Hutchinson Whampoa a OR50m ($130m) contract to build and operate a port terminal in the industrial city of Sohar, Reuters has reported. The terminal, to occupy about 70 hectares of land, is expected to be completed by the end of this year. The new terminal will double the port's capacity to 1.5 million (twenty-foot equivalent units) TEU from the current 800,000 TEU. Hutchinson Whampoa will also manage the terminal after completion of the terminal.
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