A 10-year Operationa and Management Agreement in place between Oman Government and Daewoo Shipbuilding & Marine Engineering Co., Ltd (DSME) in South Korea, a leading shipbuilder in the world, will ensure complete organization for talent, experience and technology to the benefit of Oman in the diversification of its economy.
Tender board awarded construction contract to Daewoo and Gulfar Construction in January 2008. Construction started in June 2008. Original contracted construction was completed in December 2010. The integrative commission and handing over is going on from MOTC to ODC.