Qatar’s leading project management consultancy Astad won a special recognition award for their product ‘Sanad’, the integrated suite of contracts, at the ‘Construction Week Oman Awards’ recently held in Muscat.
On the occasion, Astad chief executive officer Ali al-Khalifa said, “The recognition for ‘Sanad’ is a tribute to the outstanding achievements and collective efforts of our team. Their efforts have helped this initiative gain traction in the industry and provided a positive contribution to Qatar’s construction projects and now the Omani construction market.
Al-Khalifa said, “Having been reviewed by more than 15 leading international legal and insurance firms in the construction industry, ‘Sanad’ aims to bring all parties involved in a project together by reducing costs, maintaining fair appropriate risk for all parties and offering more balanced contract terms and conditions.“
After receiving the award, Astad International general manager Abdulaziz al-Mulla said, “I am very proud of this accolade; it is a testament to the years of dedication that has been invested into Sanad. It was developed utilising Astad’s years of experience working on over 250 projects in this region, with a dedicated team, which has more than 20 years of contract expertise. With this, I am confident that these world-class construction contracts will continue to prove beneficial to Oman.”
LEAVE A COMMENT Your email address will not be published. Required fields are marked*
Qatar Chamber discusses investment opportunities with delegation from Turkish province
Benchmark crude oil futures rebound on Opec+ agreement
QIA has accelerated investments in technology, says its CEO
S&P revises QIB outlook to ‘stable’, affirms ‘A-’ rating
More US firms keen to enter Qatari market ‘despite the blockade’
Libya’s biggest oilfield halts as Opec opts to cut output
Fiscal consolidation to slow down across GCC: Fitch Solutions
Hassad invests 20% in Oman's Global Seafood Company
Technologies could ‘revolutionise’ banking industry, says Commercial Bank COO