Uncategorized
Oman’s third cement factory to start operations this year

Suhar Cement, coupled with several new cement projects coming up in Duqm Special Economic Zone, is expected to reduce Oman’s construction sector’s dependence on imported cement
The construction of Suhar Cement, Oman’s third cement mill jointly developed by Sohar Cement and UAE-based Fujairah Cement Co, is nearing completion and the plant is expected to start operations later this year. Sohar Cement has 70 per cent stake in the company, while Fujairah Cement Co owns the remaining 30 per cent.
Muscat-based Oman Cement and Salalah-based Raysut Cement are the two existing players in this vital sector, and the Sultanate is currently importing over half of its cement demand.
Suhar Cement, being developed within Phase 7 of Suhar Industrial Estate and equipped with 240-tonne per-hour grinding unit, coupled with several new cement projects coming up in Duqm Special Economic Zone, is expected to reduce Oman’s construction sector’s dependence on imported cement.
Although the plant was expected to start operations in the first quarter of 2018, the project was delayed due to the lack of power supply and paved road to the site of the plant. However the intervention of Implementation Support and Follow-up Unit (ISFU) — a special task force of the Diwan of Royal Court, helped the company address these impediments.
-
Banking & Finance1 month ago
Oman Arab Bank Announces Increase of Authorised Capital to RO500mn and Paid‑In Capital Boost of RO50mn
-
OER Magazines2 months ago
OER, May 2025
-
Bahrain4 weeks ago
SPIEF 2025 focused on global and regional economic processes, market transformation, new tech, investment climate, financial policy and people
-
Banking & Finance2 months ago
Central Bank of Oman Issues Regulatory Framework for Digital Banks
-
Banking & Finance2 months ago
United Finance Company: Strategically Serving Oman’s Auto Market with Faster, Customer-First Solutions
-
Banking & Finance2 weeks ago
National Finance Reinforces Position as Partner for Growth, Offers a Comprehensive Product Suite to Support Customer Ambitions
-
Insurance2 months ago
Liva Insurance Sets New Benchmark with ‘Innovative Insurer of the Year’ Award at the New Age Banking Summit 2025
-
Banking & Finance1 month ago
The Future of the International Financial System to be discussed at SPIEF 2025
You must be logged in to post a comment Login