Ferrovial SA, the Madrid-based owner of Heathrow airport, won a $300 million contract to build a water desalination plant in Oman with Sumitomo Corp. and Malakoff International Ltd.
The companies will operate and maintain the plant near Muscat for 20 years once it begins operating in two years, Ferrovial said today in an e-mailed statement. The facility will produce 191,000 cubic meters (50.4 million gallons) of fresh water a day.
“This contract strengthens our expansion in the Middle East, where the water-treatment market offers great growth potential,” Alejandro de la Joya, chief executive officer of Ferrovial’s Agroman construction division, said in the statement. Ferrovial has built water treatment plants in Saudi Arabia, Oman and the United Arab Emirates.