Foreign and private sector investments in Oman’s Sohar Industrial Estate have surpassed 100 million Omani riyals ($260 million) since its inception in 1992. The Estate’s power consumption currently stands at 20 megawatts per day, reported the Banque Audi Economic Analysis Unit.
Power consumption is expected to reach 25 megawatts before the end of the 2002. Water consumption exceeds more than 1,200 cubic meters and the liquefied natural gas (LNG) consumption at the estate reached over 100,000 cubic meters per day.
Sohar Industrial Estate is situated approximately 220 kilometers away from Muscat and 180 kilometers from Dubai in the United Arab Emirates (UAE). It is linked to Muscat and the UAE via an international highway. Industries in the Estate produce a wide range of products such as foodstuffs, detergents, sulpho-chemicals, leather footwear, furniture, toothpaste, ice cream, resins, glass, steel bars and engine oil. — (menareport.com)
© 2002 Mena Report (www.menareport.com)
