FINANCIAL NEWS

S. Korea to co-op in USD27b worth of Omani projects

03 Nov 2016

(MENAFN) S. Korean firms are collaborating in Omani energy and infrastructure projects worth almost USD27.1bn.

Accordingly, S. Korea firms will be involved in building a refinery in Duqm, a petrochemical plant in Sohar and other projects.

The Sultanate will set up a Korea Desk, which will assist S. Korean firms working in the country and serve as a one-step center for solving administrative problems.

Both sides will launch a working-level group of exports from the government and business community to discuss co-op in renewable energy storage system.

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