SUBSIDIARY NAME
IIB MIDDLE EAST DEVELOPMENT, OMAN
COUNTRY
SALALAH, SULTANATE OF OMAN
SECTOR/ INDUSTRY
REAL ESTATE
OWNERSHIP %
70% IIB-DG
ACQUISITION DATE
–
ACQUISITION VALUATION
100 MILLION
TOTAL ASSET VALUATION
1 BILLION
REAL ESTATE
Project total Cost: US $15Billion… Valuation 150 Billion
Project location: Sultanate of Oman
Convinced of the importance of investment with knock-on effect on the economy of the country and creation of employment.
Project Description: Building an integrated industrial estate Refinery, Petrochemical & Bioprocessing (RPB) complex, and a port/tank storage facility.