Sohar, The foundation stone of Oman Sugar Refining Plant was laid down today at Sohar Port under the patronage of Dr. Ali bin Masoud al- Sunaidy, Minister of Commerce and Industry, in the presence of Sheikh Muhanna bin Saif al-Lamki, Governor of North Al Batinah, a number of undersecretaries and a group of businessmen.
The construction cost of the plant is estimated at US $350 million on 188,000 square meters with a production capacity of one million tons annually according to the highest international standards. It will be equipped with European production lines and will operate according to the latest technologies available in the field of high quality refined sugar production to be distributed locally, regionally and globally.
The factory also provides employment opportunities for Omani youth, with the Omanisation rate starting at 30% to reach 90% over the next ten years.
In a speech to Mark Geilenkirchen, the CEO of Sohar Port, in which he talked about the port management strategy in enhancing the presence of food industries in the free zone and attracting many investments from the public and private sectors in projects related to food industries.
Nasser al- Hosani, General Manager of Oman Sugar Refining Company said that the plant is the first of its kind in the Sultanate and will provide many opportunities for other industries in the port and the free zone while enhancing the levels of food security in the Sultanate, adding that they will seek to find employment opportunities to citizens and promote sustainable growth of the country’s economy.
Source: Oman News Agency