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SUBSIDIARY NAME

DUNYA MUSCAT CEMENT LIMESTONE PROJECT

COUNTRY

SALALAH, SULTANATE OF OMAN

SECTOR/ INDUSTRY

INFRFASTRUCTURE

OWNERSHIP %

70% IIB-DG

ACQUISITION DATE

JUNE 7,2020

ACQUISITION VALUATION

5 BILLION

TOTAL ASSET VALUATION

50 BILLION

INFRASRTUCTURE/MANFACTURING

DUNYA MUSCAT CEMENT LIMESTONE PROJECT acquired on JUNE 7, 2020 and proposes to produce five commodities that are in great demand and facing shortages. These are:

  • Cement white and black,
  • Micronised Limestone,
  • Precipitated Calcium Carbonate,
  • Gypsum, and
  • Micronized Dolomite.

The promoters have obtained a concession to exploit limestone reserves of about 390 Million tons with the possibility of securing even more in the future.

The components of the project are as follows:

  1. Quarry (under concession) to mine crude limestone, gypsum and aggregates with complete earth moving, logistics equipment and ancillary facilities in quantities reaching 12.50 million ton/year quarrying capacity to be allocated to the following production lines.
  2. A cement plant with capacity of 3.00 million tons per annum at start of commercial production, expanding to 8 Million tons.
  3. A Micronised Limestone production plant with capacity of 1 Million ton/pa expanding to 3 Million tons.
  4. A Precipitated Calcium Carbonate plant with a capacity of 1 Million ton/pa expanding to 2 Million tons/pa.
  5. A Gypsum Factory starting at 3 Million ton capacity p.a. in 2022, expanding to 10 Million t/pa.
  6. A Micronised Dolomite Factory to processing 1 Million tons pa expanding to 2 Million tons/pa
  7. Seaport with bulk handling facilities to be constructed at Minji shore near AI Shuwaymiyah to receive raw materials and export the product outputs.
  8. Fleet of 7 vessels of 50,000 ton capacity each to handle bulk deliveries and shipment of products which will give the project a price and delivery schedule competitive advantages.
  9. Infrastructure including: Laying of 180 Km pipeline to deliver gas to the site,➢ Electric power station,➢ Access roads to the site,➢ Water desalination plant and storage.

SUBSIDIARY NAME

COMMERCIAL & RESIDENTIAL CENTRE

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INTERNATIONAL SALALAH HOSPITAL

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