 Business & Finance Club Magazine - Real Estate Sector - MUSCAT — Mustafa Sultan Enterprises yesterday announced their joint venture with India's Voltas Ltd, a leading air-conditioning and engineering services company listed in the Mumbai Stock Exchange, of a joint venture aiming the Sultanate's fast growing construction sector.
Named Voltas Oman LLC, the new company will be targeting the execution of electro mechanical projects in the Sultanate in the areas of Mechanical, Electrical and Public Health (MEP).
“It gives us pleasure in announcing Voltas Oman, our joint venture with Voltas that sees the union of two leading corporate entities who are leaders in their respective markets”, Akber Mustafa Sultan, Managing Director, Mustafa Sultan Enterprises said.
“Both of us share the same business values and are committed to delivering excellence in project management, design, engineering, safety, quality, and business efficiency to clients through the new JV”, he told the media.
“We are formally entering the Oman market to be a long-term player in providing turnkey solutions and world-class products and services.
These will cater to the growing opportunities in electro-mechanical construction arising from the many prestigious building and infrastructural projects in the country”, Shaukat Ali Mir, Executive Vice-President and COO, International Operations Business Group, Voltas Ltd, said.
Minoo Saher, Group CEO, MSE, Chandra Dhar Pant, Regional Director for MENA region 2, Voltas,
Dilip Sharma, Manager, Voltas Oman LLC were also present at the media briefing.
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