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Sohar Freezone to lay foundation stone for OMR520mn polysilicon factory

Business Sunday 10/March/2024 17:32 PM
By: ONA
Sohar Freezone to lay foundation stone for OMR520mn polysilicon factory

Muscat: Sohar Freezone in North Al Batinah Governorate tomorrow will celebrate the laying of the foundation stone for a polysilicon factory project with an investment of more than OMR520 million. The unit is expected to open in 2025.

The project, which will occupy an area of 160,000 square metres, will produce high-quality metallic silicon with an annual capacity of 100,000 tonnes.

The production process involves pouring liquid metallic silicon from the furnace into moulds, cooling, casting, grinding and then packing the ore for global export.

The project reflects the Omani government’s keenness to encourage local investment and attract foreign investors, as part of the objectives of Oman Vision 2040.