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Milestones and news on P Mohamed Ali owned Galfar construction<br>
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GALFAR ENGINEERING & CONTRACTING SAOG NEWS & MILESTONES Constructing dreams in uae
INTRODUCTION • Galfar Engineering and Contracting SAOG is founded by Dr P Mohamed Ali. • Galfar Engineering is known as one of the largest Engineering, Contracting and Construction company in the Sultanate of Oman. • An article in Economic times, claims it to be one of the top Five Engineering Contractors across the Gulf. • It was established in January, 1972. • It has a turnover of US$1 billion. Galfar employs over 23,000 workers, only in Oman, with more than 7,000 different kinds of plant and equipment. • It has Operations and Presence in all corners of the Sultanate. • Galfar Engineering & Contracting SAOG (Galfar) is Oman’s largest construction company with EPC capability in Oil & Gas, Roads & Bridges and Civil & Utilities sectors operating in Oman, other GCC countries as well as India.
SUMMARY • Galfar Engineering & Contracting SAOG (Galfar) is Oman’s largest construction company with EPC capability in Oil & Gas, Roads & Bridges and Civil & Utilities sectors operating in Oman, other GCC countries as well as India. • Over the last 40 years, Galfar has established itself as the “Preferred Partner in Development” in Oman with a turnover nearly USD 1 Billion. • The Company has grown steadily over the last 4 decades, owns a fleet of more than 7000 equipments, employs a workforce of over 23,000 and also prides itself as the largest employer of Omani nationals in the Private Sector. • Since its inception in 1972, Galfar, with its strong leadership has executed a focused strategic vision and is now a Public Limited Company listed in the Muscat Securities Market. • The company has also been successful in creating an excellent track record in ensuring shareholder confidence.
LATEST NEWS AND MILESTONES • Galfar bags order from Duqm Refinery and Petrochemical Industries Company LLC • Galfar clinches contract from BP Exploration (Epsilon) Ltd- Oman • Galfar bags Hospital Project from Royal Oman Police • Confirming Award of Dualization of Barka-Nakhal Road Project to the Company, RO 64,961,425 • Galfar has been awarded the Dualization of Nizwa-Ibri Road (stage 2) from Jibrin to Ibri -Option 2- (from Km 75+000 to 127+850 Balance Works) for RO 28,031,941,by Ministry of Transport & Communications. The completion period is 18 months • Galfar wins contract from Oman Electricity Transmission Company • P Mohamed Ali has also featured in list of top 10 richest and influential personality in UAE. • Galfar has been awarded the Best Infrastructure Project Award- 2014 for Hasik Ash Shuweimiyah Road Project
CONCLUSION • Since its inception in 1972, Galfar, with its strong leadership under P Mohamed Alihas executed a focused strategic vision and is now a Public Limited Company listed in the Muscat Securities Market. • The company has also been successful in creating an excellent track record in ensuring shareholder confidence. • It has also identified areas for growth based on regional trends and evolving market conditions. • Galfar always has the highest concern for safety and this is evidenced by securing some of the best records for Safety in its operations, having won several awards from government organizations, clients and the Sword of Honour from the British Safety Council. • In addition to the Sultanate of Oman, Galfar also has operations in Kuwait, India, Libya and has associates in Qatar and Abu Dhabi.