FINANCIAL NEWS

Oman’s Wanfang aims 25 new projects in Duqm

13 Aug 2017

(MENAFN) Oman Wanfang, the master developer of China Oman Industrial Park in Duqm, aims to enhance 25 new projects, which will take the whole number of projects amid the industrial park to 35.

Furthermore, the offered 25 projects are in the final stage of studies or in the design stage, while the firm aims to start commercial operations at all projects by 2022.

In addition, the first phase of the China-Oman Industrial Park covers 10 projects, which are for manufacturing building materials, methanol for the olefin project, power project and others.

Meanwhile, several deals were inked by Chinese firms and Oman Wanfang for building these projects with a joined investment of USD3.2bn in April.

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MENAFN1308201700450000ID1095725326

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