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22-10-19
Establishment of unique cement facility by Sohar Port, Freezone
(MENAFN)
Sohar Port and Free zone signed a land lease agreement for the establishment of a cement block products facility.
The contract was signed by Dr Mohammed Al Zaabi, Chairman of the Board of Sohar Port and Freezone and Salim Khalfan Al Mamari, owner of the Wald Al-Qanas International (FZE) SPC.
Omar Mahmood Al Mahrizi, CEO of Sohar Freezone - DCEO of Sohar Port commenting on the importance of the new facility said, "In our journey towards becoming a key logistics hub in the region, we continue our endeavors to attract potential businesses to Sohar.
The investment made by Wald Al-Qanas International will witness the establishment of a project that is the first of its kind in the Freezone.
Moreover, the by-products generated by other industries, such as the ferrochrome factories, can be used as feedstock for the new facility, thus reinforcing our principle of promoting downstream opportunities."
MENAFN2210201900450000ID1099161468
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