Oman will soon be home to its largest integrated cement plant, and Duqm International Cement Projects Company will develop the plant in the Special Economic Zone Authority in Duqm (SEZAD), with an investment of $435m (OMR167.5m).
Upon being operational, the factory will have a capacity to produce 3.5 million tonnes of cement annually at a rate of 10,000 tonnes per day.
A spokesman of Duqm International Cement Projects Company said that the project will use the latest technology in the field.
Operations at the plant will commence in 2023, with the plant set to meet the demand in the local market, and a part of its production will be exported to external markets including India, Sri Lanka, and East Africa.
Duqm International Cement Projects Company revealed plans to expand the project by adding an additional unit to produce clinker for export purposes, catering mainly to the Indian market, when the demand is soaring.
Once completed, the plant will create 340 direct jobs and 1,000 indirect jobs, adding to the company’s In-Country Value (ICV) programme.
Dubai-headquartered Seven Seas, a global maritime services group, revealed that a design and supply tender for the cement plant will be floated for industrialists from around the world to import equipment and appliances to the new project.
The firm, recently, signed a usufruct land development agreement with the Public Authority for Special Zones and Free Zones (OPAZ), following which excavation works began at the site.