The SEZ Authority in Duqm (Sezad) and Al Wusta Cement Company, a partnership of Oman Cement Company and Raysut Cement Company, have signed a land use deal to build Oman’s third cement plant at the Duqm Special Economic Zone (SEZ), reports Trade Arabia.
Under the terms of the agreement, the Al Wusta Cement Company will acquire a 500,000m2 plot within the heavy industrial zone on lease for 50 years, renewable for a further period, reported Oman Observer.
Al Wusta Cement said that the construction work for the project is expected to begin in 2018 and production is likely to begin in 2020. The plant is expected to start production of 5000tpd and will gradually increase to 10,000tpd according to the needs of the market.
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