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 annually.
