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FINANCIAL NEWS
Orpic will fund USD 6.5bn to Oman’s GDP
22 Mar 2016
(MENAFN) Oman Oil Refineries and Petroleum Industries Co. (Orpic) will contribute USD 6.5bn or 8 to 9 percent to the gross domestic product (GDP) of the Sultanate.
Additionally, three large projects; Sohar Refinery Improvement, Liwa Plastics Industries Complex and Muscat Sohar product will contribute to the income of Orpic.
Moreover, the project will be completed amid 4 years, while the firm contribution is USD 4.2bn, which is equivalent to 5 percent to the country’s GDP.
The join of the three projects introduces an increased plan that revolves around increased integration among the manufacturing complex.
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