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Investor Relations
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FinancialNews
03-02-19
Oman's Duqm signs 5 agreements for power, water plant set up
(MENAFN) Duqm Power Company in Oman inked five deals aimed at the establishment of an integrated power and water plant.
According to Duqm Special Economic Zone Authority, the agreements were penned with foreign and domestic firms.
The USD480 million power and water plan, the authority revealed in a statement, is set to be constructed while covering 45 hectares.
The statement further added that the plant is most likely to be first put into effect by the third quarter of 2020.
MENAFN0302201900450000ID1098063378
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