Oman will open up more waterfront land at
Sohar Industrial Port to meet growing demand from potential investors,
according to local media.
About 130 additional hectares will be
reclaimed along the expanding industrial hub, which has seen continued demand
for space since it opened in 2008.
A petrochemical venture by Oman Oil Co is
slated to be one of the new projects, Oman Daily Observer reported.
Sohar Industrial Port, co-owned and
operated by the Omani government and the Port of Rotterdam, already covers 2000
It has attracted US$13bn in investment in
the past four years, according to the port’s website, making it a key economic
driver for the Gulf country.
The new projects are expected to begin
operating as early as 2015.