Sino-Oman Industrial City foundation laid

Oman's Special Economic Zone Authority in Duqm (SEZAD) today celebrated laying the foundation stone for the Sino-Oman Industrial City in Duqm whose investments are expected to cross $10 billion till 2022.
The ceremony was held under the auspices of Sayyid Taimour bin Asa'ad bin Tariq Al-Said in the presence of Yahya bin Said Al-Jabri, SEZAD Chairman, Wang Heshan, Deputy Governor of Ningxia and Chairman of Wanfang Oman Group, according to Oman News Agency (ONA).
During the ceremony, 10 agreements were signed between Wanfang Oman and some Chinese companies to implement $3.2 billion worth projects at the Sino-Oman Industrial City in Duqm.
The ten projects include building a manufacturing facility for solar energy equipment with a capacity of 1000 Gigawatt per annum, a factory for oil and gas services, water desalination plant, a facility for Bromine exploration, a power plant, a five-star hotel, construction materials factory, a 4x4 vehicles factory and a factory for non-metal pipes used in oilfields.
Yahya bin Said Al-Jabri, SEZAD Chairman said that the Sino-Oman Industrial City project crowns the joint efforts between the Sultanate and China through Wanfang Oman and SEZAD. 
It is also an addition to the historic, political and trade relations between the two countries. The Sultanate, under the wise leadership of His Majesty Sultan Qaboos Bin Said, seeks to boost the bilateral economic and political relations to bring benefits to both countries, ONA.

Source: BNA