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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.

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