Duqm, Duqm International Cement Projects Company is bracing to launch the Sultanate’s biggest integrated cement plant in the Special Economic Zone in Duqm (SEZAD) to the tune of $435 million.
The new factory’s capacity touches 3.5 million tons a year, a rate of 10,000 tons a day.
The spokesman of Duqm International Cement Projects Company said that the new project uses the latest technology in the field and it emerges as the largest unit of its kind in the region.
The project, due to start operations in 2023, eyes the landmark objective of making the Sultanate a model of industrial excellence in the region because of the country’s rich natural resources, advanced infrastructure (ports, roads), high standards and strategic location, the spokesman added.
The spokesman pointed out that the new project will meet local market demand and part of its production will be sent to external markets like India, Sri Lanka and East Africa.
The owners of the project said their firm intends to expand the project by an additional unit to produce clinker for export, basically to India where it is greatly needed, and thus generate added value.
The project will also have in-country value, including 340 direct jobs and 1,000 indirect jobs.
The main promoter of the project, Seven Seas, announced earlier that a design and supply tender will be floated for industrialists from around the world to import equipment and appliances to the new project. Recently, the firm signed a land development (usufruct) agreement with the Public Authority for Special Zones and Free Zones (OPAZ) and it started excavation.
It selected a suitable location for the limestone site and made arrangements to get electricity and water supplies and obtain environmental permits and other licenses from the government.
Source: Oman News Agency