$250m Duqm project on hold: Oman Cement Published: 10:00 PM, May 03, 2021 Sultanate’s oldest cement manufacturer seeks assurance of fuel supply to progress new Duqm project, capacity expansion in Muscat
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Majority government-owned Oman Cement Company has announced that it has paused plans for the development of a major cement project at the Special Economic Zone (SEZ) in Duqm pending confirmation of fuel supply for the estimated $250 million venture.
The announcement also comes amid moves being weighed by Oman Cement to expand the capacity of its flagship plant at Misfah near Muscat.
“(The) company s decision to set up a new cement plant at Duqm with a capacity of 5,000 TPD (tons per day) of clinker has currently been put on hold pending confirmation of availability of fuel and its strategic decision to expand capacity of the existing plant at Muscat,” said Dr Abdullah Abbas Ahmed, Cha
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