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Industrial estate expansion setTue, 05 June 2012
![]() By Shamsa al Riyamia — MUSCAT — The seventh stage of expansion of the Sohar Industrial Estate, will begin by the end of the year and will cover an area of about 8.5 million square metres, which is one of the largest stages in the region, and will attract many projects next year. Abdel Qadir al Balushi, Acting Director-General, said 8 per cent of the total area of the estate has been allocated for the establishment of industrial projects, especially iron, steel, mining and manufacturing industries in the field of aluminium and plastic, in addition to commercial and logistics projects. He added that the estate now stands on 13.3 million square metres and after the end of the seventh stage it will reach the total area of the 21.8 million square metres. The number of projects established stood at 187 of which 117 of them are operational and 40 are under construction. He pointed out that the most prominent of these projects are those associated with Sohar aluminium smelter and aluminium rolling mill project, a project under construction with an investment volume of $385 million. There is also a draft for Omani Aluminium Company for the manufacture of electrical cables and a list of other projects in the region, including the Gulf International pipes factory, Voltamp Transformers Oman, and others. The total volume of current investment is around RO 1.673 million and is expected to increase during the next five years by about RO 25-50 million according to the current data and indicators. |
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