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Contract for $250m Oman sugar refinery project today

2015-06-09 06:48:44| Sugar Industry News

MUSCAT: A keenly awaited contract for the construction of the Sultanate's first sugar refinery is due to be signed here today, the initial piece of a much larger jigsaw representing a new agri-industrial cluster taking shape at Sohar Port and Freezone. The deal, worth an estimated $250 million, will be inked by Oman Sugar Refinery Company (OSRC) with China Light Industrial Corporation for Foreign Economic and Technical Cooperation, the former's candidate for the implementation of the landmark venture.

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