New joint venture formed for Duqm cement supply

17 August 2016

Two Omani companies plan to build cement capacity at central port

Oman Cement Company and Raysut Cement Company have formed a new joint venture with Duqm Special Economic Zone Authority to build a plant on Oman’s central coast.

The new firm Al Wusta Cement Company plans to build a new facility to meet demand for infrastructure projects in the expanding port of Duqm.

The project is “subject to detailed feasibility studies”, the companies said in a joint filing to the Capital Market Authority.

The two cement companies have been planning a cement project at Duqm for several years. It was reported to be on hold in 2011.

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