Sunday, February 05, 2023 | Rajab 13, 1444 H
clear sky
weather
OMAN
21°C / 21°C
EDITOR IN CHIEF- ABDULLAH BIN SALIM AL SHUEILI

Agreement signed for RO 2.2m fertiliser project in Sohar Freezone

No Image

SOHAR Freezone has signed a land lease agreement with Integrated Solutions Plant and Land Services (FZC) LLC for 15,000 sqm within the freezone to establish a liquid fertilizer plant. The project represents an investment of RO 2.2 million and it includes the potential for future expansion which would see the plant produce ammonium sulphate to strengthen Oman’s export sector, especially in Pakistan and Tanzania.


Omar bin Mahmood al Mahrizi, CEO of SOHAR Freezone, Deputy CEO SOHAR Port, said, “The addition of a new liquid fertilizer plant, in partnership with Integrated Solutions Plant and Land Services (FZC) LLC, enhances SOHAR ability to serve the local, regional, and global markets with high-quality agents for industrial production. SOHAR can offer companies in all sectors a world class integrated logistics and industrial hub with direct shipping to key markets and broadening our tenant profile to Egypt for the first time is a key step in our ongoing expansion.”


Hussein Amin, Partner at Integrated Solutions Plant and Land Services (FZC) LLC, added, “We are delighted to establish a presence at SOHAR with the 15,000 sqm space within SOHAR Freezone, which will help us expand operations and reach new clients in developing markets. Integrated Solutions Plant and Land Services is at the forefront of producing high grade, organic liquid fertilizer in support of growing populations and increasing needs in this sector. SOHAR represents an opportunity to connect with customers worldwide using established shipping lines and trade agreements.”


SHARE ARTICLE
arrow up
home icon