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The Zubair Corporation/L&T sign sponsorship agreement
Times News Service
September 15, 2013 , 9 : 54 am GST
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SILVER SPONSORSHIP: The forum is due to be held at the Al Bustan Palace Hotel from September 15 -16. Photo — Supplied picture
The Zubair Corporation, alongside its joint venture partner Larsen and Toubro Oman has signed an MoU with the Ministry of Transport and Communications to be a silver sponsor of the Investment Opportunities Forum – Railway Project.
The Investment Opportunities Forum is due to be held at the Al Bustan Palace Hotel from September 15 -16.
Commenting on the signing the MoU, C.S. Badrinath, CEO of The Zubair Corporation noted, "The National Oman Railway is a ground breaking initiative of strategic economic importance, opening up new opportunities across Oman and the GCC. We are therefore pleased to support the Ministry of Transport and Communications in their Investment Opportunities Forum – Railway Project, which will enable the businesses and commercial opportunities to be explored, surrounding the development of the Oman National Railway Project."
The multi-billion-rial Oman National Railway Project will see a railway line constructed along a 2,244 kilometre path through the desert from Buraimi in the north to Salalah in the south of the Sultanate, connecting the country's ports to other GCC states.
The Investment Opportunities Forum – Railway Project will provide the ideal platform for potential investors in the Railway Project to learn more about the integral aspects of the project.
Surendhra Babu chief executive officer of L&T Oman said, "L&T is renowned as a global leader in rail construction, having over three decades of experience in this sector providing innovative turnkey solutions from design through to engineering and execution.
Naturally, we are delighted to work with the Ministry of Transport and Communications to support the symposium, this is certainly a project of national significance and we look forward to an engaging and informative two day event."
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