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Asharq Al-Awsat
Asharq Al-Awsat
Business
Muscat - Asharq Al-Awsat

Oman's Jindal Shadeed to Invest $3 Bn to Produce Green Steel at Duqm Port

Oman Renewable Energy Hydrogen SEZ
Officials at the signing ceremony of the new Jindal Shaheed manufacturing facility. (ONA)

Jindal Shadeed Group announced that it selected Oman's Special Economic Zone at Duqm (SEZAD) to establish a manufacturing facility, slated to be the largest of its kind, to produce green steel.

The strategic project is being built over an area estimated at approximately 2 square kilometers in the concession zone at the Port of Duqm with an investment value estimated at $3 billion.

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