Home / All / Fiber & yarn / Construction begins for cotton yarn plant in Oman’s Sohar
mena carpet news March 2018

Construction begins for cotton yarn plant in Oman’s Sohar

Construction of a major cotton yarn manufacturing project recently commenced at the Sohar Free Zone in Oman. Being set up by India’s ShriVallabh Pittie Group (SVP) with an investment of $300 million, its first phase will incur a cost of $150 million. SV Pittie Sohar Textiles (FZC) LLC had signed a land lease agreement with Sohar Port and Free Zone a few months ago.

Bank Sohar is the finance partner for the project, according to a Muscat-based newspaper report.

UAE-based company INEXCO Group has been awarded the engineering, procurement and construction (EPC) contract for the project

The first phase, with a capacity of 150,000 spindles and 3,500 rotors, is likely to be completed by March 2019. However, production is planned to start in a phased manner in 2018.

The automated plant will also include a training centre and is expected to generate 750–1,000 jobs.

About Kohan Journal

Middle east textile journal

Check Also

egytex_kohan_textile_journal

EGYTEX2018

The Complete Textile & Clothing Supply Chain Solution “EGYTEX” Trade Fair is the only established …

Leave a Reply

Your email address will not be published. Required fields are marked *

error: Content is protected!!