Sohar
Industrial City Localizes 6 New Projects Worth Over RO 27 million

Sohar,
25 Aug (ONA) — Sohar Industrial City, an affiliate to the Public
Establishment for Industrial Estates “Madayn”, has recently localised six
projects with a total investment volume exceeding RO 27 million. These projects
will be developed on an area spanning 162,000 sqm, representing oil, steel,
food, marble, tile, and wood industries.

In
details, the investment agreement signed with the National Petrochemical and
Investment Company involves establishing an oil industry project with an
investment of RO 25 million on a land area of 125,000 sqm. Additionally, an
agreement was signed with Sultan Al Shidi Engineering Projects for a specialised
steel industry project worth RO 1 million on 3,843 sqm, along with another
agreement with Iron Trading and Investment for a steel industry project valued
at RO 600,000 on 8,760 sqm.

Moreover,
Sohar Industrial City has signed an agreement with Asas International to
establish a marble and tiles project with an investment of RO 400,000 on 11,000
sqm area. Another investment agreement was signed with Al Rawdha International
Business for a food industry project worth over RO 150,000 on an area of 2,688
sqm. An agreement was also signed with United Wooden Platform Company to
establish a wood industry project with an investment of RO 150,000 on 11,250
sqm.

—Ends/AG