Sohar Port signs $200m project loan
Published: 29 Sep 2009 18:26:19 PST
Oman's Sohar Industrial Port Company has signed a $200 million loan agreement with local and international banks to finance a port project.
The bank consortium consists of Bank Muscat, National Bank of Oman, Bank Dhofar, Ahli Bank and State Bank of India.
"The money will be used to finance the construction of the jetty at Port of Sohar," Edwin van Espen, head of Sohar Port Special Projects told Reuters on the sidelines of the signing ceremony.
He added that a joint venture between Italy's Saipem and India's Afcons was awarded the contract to build the 600 m long jetty and a deep water basin.
Go to Page
Page 1 of 1
1
Source:
TradeArabia
If you believe an article violates your rights or the rights of others, please contact us.
Digg
Reddit
Mixx it
FacebookRelated News
Most Read
- 1BYD Auto to expand into solar energy field
- 2Entrepreneurblues
- 3AUTOSHOW-INTERVIEW-UPDATE 1-Changan Ford Mazda
- 4ANALYSIS-CFTC cautious on position limits, set
- 5Beyond The Anti-Virus Arms Race
- 6Beware of phishing scams if you are using
- 7Help protect yourself from phishing scams and
- 8Xi'an to launch industrial zone
- 9China Longyuan Power plans HK$17.5-bln HK IPO
- 10INTERVIEW-StanChart eyes $800 mln in renewable
