Field narrows for PFI college

03 January 2003
Two groups have emerged as frontrunners for the contract to develop a tri-services military training college in Muscat following the submission of bid clarifications in December. They are the UK's Vosper Thornycroft, with the UK/local Tarmac Alawi and HSBC; and International Trainingof Australia, with the UK/local Douglas OHIand Makali Bank acting as the financial advisers.

The selected developer will finance, build and operate the college through a private finance initiative (PFI). Total project costs are estimated at $100 million-150 million. The local office of Denmark's COWI is acting as the consultant. An award is expected in the first quarter. The client is the Defence Ministry (MEED 23:8:02).

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