Investment agreement signed to establish sustainable cement products factory

Muscat: Khazaen Economic City signed an investment agreement on Monday with Bait Al Yaqout Investment Company to establish a factory specialised in producing cement products used for outdoor paving. The project will be built over an area of 20,000 square metres, with an investment value reaching OMR5 million, in South Al Batinah Governorate.

Eng. Salim Sulaiman Al Duhli, CEO of Khazaen Economic City, stated that this project aims to produce eco-friendly, gravel-resistant bricks for outdoor paving. He noted that this innovative product combines the aesthetic appearance of natural stone with high durability, while relying on environment-friendly manufacturing processes that help reduce environmental impact and promote sustainable construction practices.

He emphasised that this project represents a qualitative addition to the industrial investment ecosystem in Khazaen Economic City, as it links modern industry with sustainability and provides advanced solutions for the urban and construction sectors. This aligns with the directives of the Sultanate of Oman toward developing more efficient and sustainable cities and projects, while enhancing the quality of infrastructure and urban facilities.