Oman’s Khazaen Economic City signs agreement build $9.06m worth of industrial projects ...United Arab Emirates

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Oman’s Khazaen Economic City signs agreement build $9.06m worth of industrial projects
source : ME CONSTRUCTION NEWS ( United Arab Emirates ) () 17
Khazaen Economic City has said that it has signed an agreement with Al Janabi International investment company to set up a factory that will produce cement products. According to a report by Oman News Agency, the project will cost $5.17 million for the first phase be set up. It will be developed on a total area of 5,000sqm. In addition, Khazaen Economic City said that it has signed an agreement with Moayyad Omair investment company for the establishment of a factory for steel industries. This project will cost $3.89 million for the first phase and will be built on a total area of 7,500sqm. The project aims to target the local and regional market and will produce 4,000 tonnes of steel annuall

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