Bid & Tender
Orpic Secures $3.8bn Finance for Liwa Plastics Complex

Date : Mar 11, 2016

State-owned Oman Oil Refineries and Petroleum Industries Co (ORPIC) has secured $3.8 billion in project financing for its Liwa Plastics Industries Complex, it said on Thursday.

 

The financing was supported by export credit agencies representing the governments of Italy, the Netherlands, South Korea, the UK and Germany, along with 19 international, regional and local commercial lenders, it said.

 

The total value of the project is $6.5 billion, ORPIC said.