The Ministry of Finance has qualified 10 local and international developers in the first stage of a competitive tender for the procurement of 42 schools via the Public Private Partnership (PPP) route.
Of a total of 170 firms that submitted expressions of interest (EoIs) in response to the tender, 14 were prequalified of which the following ten will enter the next stage of competitive bidding: Aberdeen Standard Investcorp Infrastructure Partners, Tamasuk Holding; Al Madina Real Estate; Vision International Investment Company; Galfar Engineering & Contracting; Oman Investment Corporation; Lamar Holding; Renaissance Services; Muscat National Development & Investment (ASAAS); and Alghanim International General Trading & Contracting.
The client is the Ministry of Education which, for the first time, has invited the private sector to undertake the design, finance, construction and maintenance of a package of 42 schools under the PPP model.
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