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Home Oman News

Khazaen Economic City inks agreements to set up cement, steel factories

10 أبريل، 2022
in Oman News
Khazaen Economic City inks agreements to set up cement, steel factories

Muscat: Khazaen Economic City signed an agreement with Al Janabi International Investment Company to establish a factory to produce cement products to the tune of OMR2 million for the first phase.

The project will be set up on a total area of 5,000 square metres.

Another agreement was signed between Khazaen Economic City and Moayyad Omair Investment Company to establish a factory for steel industries worth OMR1.5 million for the first phase.

The project will be set up on a total area of 7,500 square metres.

This project, which targets the local and regional market, aims to produce 4,000 tonnes of steel structures monthly.

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