Oman’s Raysut Cement Co has established a partnership with MSG Group to set up a grinding unit in Somaliland, an autonomous region of Somalia.
The 1Mta unit is expected to be constructed in Berbera, Somaliland, at an investment of around US$40m. Raysut reportedly has 55 per cent of the share capital of the project, according to Reuters.
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Adani Group to invest INR300bn in Kerala over five years
Adani Group has announced plans to invest INR300bn (US$3.6bn) in Kerala over the next five years...