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- Operations
- Alsharqiya Expressway Tunnels Project
Alsharqiya Expressway Tunnels Project
Oman
Borrower | Oman |
Financing Type | Public Sector |
Instrument | Blend Facility |
Focus Area | Transportation |
Approved | 12.06.2019 |
Signed | 27.05.2020 |
Status | Ongoing |
Loan Administrator | OPEC Fund |
Executing Agency | MoTC |
Co-financiers | Government of Oman |
OPEC Fund Contribution (US$m) | 130.00 |
Total Project Cost (US$m) | 157.00 |
To construct two expressway tunnels to improve connections between the north and eastern regions, enhance trade and provide efficient transport for around one million people.