After establishing and consolidating the construction business in Qatar and UAE, the construction major Simplex Infrastructures Ltd has received an order of Rs 302 crores for construction of 6 flyovers on Seeb Corniche Road in Muscat in Sultanate of Oman.
This is the first order for Simplex from Oman the nearby promising territory of the Middle East.
The Company’s principal activity is to develop infrastructural services. The services of the Company include ground engineering, power, industrial, urban utilities, building and housing, roads, railways, bridges and marine.
The share of the company closed at Rs 636.20 up Rs 0.08% on NSE. The index touched the high of Rs 654 after recovery from the low of Rs 625 intraday (Thursday).