India's Petiva to build $200m plant for 'calorie-free' sugar in Oman
Cheif executive officer of Salalah Free Zone Company, Ali Tabouk, says factory to create 100+ jobs upon launch
India’s Hyderabad-based Petiva Group will build a natural sugar factory worth $200m (OMR77m) in Oman’s Salalah Free Zone, with an agreement for the project signed between chief executive officer of Salalah Free Zone Company (SFZCO), Ali Tabouk, and Dr Panday, representing Petiva.
Commenting on the project plant, Tabouk said in a tweet: "The factory will create more than 100 jobs.
“The facility will produce a natural calorie-free, non-genetically modified sugar, the first of its kind in the Middle East.”
In another tweet, the CEO revealed that SFZCO was also working on projects worth $1bn (OMR385m), which would be announced soon.
“The new investments will contribute more than 1,000 direct jobs,” added Tabouk.
Oman’s Minister of Commerce and Trade laid the foundation stone for a sugar refinery in Sohar Port last September.
The Oman Sugar Refining plant is being built at a cost of $350m (OMR134m) and spans 188,000m², with a capacity to produce more than 900,000 tonnes (t) of refined sugar per year.