Oman’s Raysut Cement, a leading cement producer, is making good progress in establishing a new cement plant in Berbera, Somaliland, said a report.
The new facility is one of several investments being made by the company in growing its business in Oman and the wider region, added the Oman Daily Observer report.
Soil investigation studies linked to Barwaaqo Cement Company’s plant in Somaliland have been completed, Ahmed bin Yousuf bin Alawi Al Ibrahim, chairman of the board of directors, said in a report of the group’s financial performance for the nine months ended September 30.
Al Ibrahim said that the engineering, procurement and construction (EPC) contractor will be selected shortly.
He also noted that the project is expected to be completed within 12 months from the date of selecting the EPC contractor.
source: Trade Arabia