The actions taking by Akkord Corporation with the aim to widen its activities beyond the country prove itself.

Two joint companies are founded in the Sultanate of Oman as a result of the signed Memorandum of Understanding between Akkord Corporation and the famous Shanfari Group of Companies. Nowadays, cooperation continues on designing of a business center and a VIP residential complex covering an area of 250 000 m2 in Muscat and Dagm cities of Oman.

By completing design works, the construction works of two projects will start in March of this year.

It is worth to note that the Shanfari Group of Companies is one of the dynamic group companies carrying out the main infrastructural, tourism, steel industry projects. The company’s main activities include production of ready- mix concrete and aggregates, transportation, oil and gas services, real estate, automation, hosting and hotel services, repair, construction etc. It cooperates with “Verwater”, “Hispanica”, “Aggreko”, “Unipart Group”, “Rheochemie” Joint Ventures.

In 2015, a meeting was held between the managers of Akkord Industry Construction Investment Corporation OJSC and Shanfari Group of Companies.  A Memorandum of Understanding was signed as a result of the meeting.  The Memorandum of Understanding has been signed by General Manager Goksel Aybek on behalf of Akkord Corporation and President Adil Said Ahmed Al Shanfari on behalf of Shanfari Group of Companies.