Muscat, Khazaen Economic City signed here today an agreement with Al Janabi International investment company to establish a factory to produce cement products to the tune of RO 2 million for the first phase. The project will be set up on a total area of 5,000 square meters.

Another agreement was signed between Khazaen Economic City and Moayyad Omair investment company to establish a factory for steel industries worth RO 1.5 million for the first phase. The project will be set up on a total area of 7,500 square meters.

This project, which targets the local and regional market, aims to produce 4,000 tons of steel structures monthly.

Source: Oman News Agency