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FINANCIAL NEWS
Oman’s Industrial Estate investments reach USD4.75bn
17 Jul 2016
(MENAFN) Investments at Sohar Industrial Estate reached USD4.75bn last year compared to USD4.65bn in 2014, while the number of investors reached 269.
Additionally, the completion percentage of infrastructure project of the zone surpassed 30 percent by June 2016 and will be finished by mid of next year.
Moreover, the cost of phase 7, which commenced in June last year, is estimated at USD50.62mn, which also covers an area of 8.500mn square meters.
Meanwhile, the infrastructure project of phase 7 involves development of road network of 33 km, water network of 34 km, and sewage network of 41 km.
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