22 January, 2020

Oman issues tenders for $240mln date factory

Project slated to be one of the world's largest date factories

Image used for illustrative purpose. An Iraqi man sorts the dates at a factory in Kerbala, Iraq, October 14, 2017.

Image used for illustrative purpose. An Iraqi man sorts the dates at a factory in Kerbala, Iraq, October 14, 2017.

REUTERS/Abdullah Dhiaa Al-deen

22 January 2020

Oman has issued four tenders for the construction of a date processing factory at a cost of around 92 million Omani rials ($240 million), the local media said on Wednesday.

The factory, slated to be one of the world's largest date processing facilities, is based in the Northern Nizwa province and is jointly owned by the newly-created Nakheel Oman Development Co and Oman National Investments Development Company (Tanmia), both state-owned,

The Omani Arabic language daily Al-Watan said the tenders cover infrastructure work, procurement and installation of steel structures for the factory, and the construction of facilities for mechanical and electrical works.

(Writing by Nadim Kawach; Editing by Anoop Menon)

(anoop.menon@refinitiv.com)

Disclaimer: This article is provided for informational purposes only. The content does not provide tax, legal or investment advice or opinion regarding the suitability, value or profitability of any particular security, portfolio or investment strategy. Read our full disclaimer policy here.

© Thomson Reuters Projects News 2020