ONEIC awarded investment contract to establish water desalination station in Sur

ONEIC to establish water desalination station in Sur

Muscat: Oman National Engineering & Investment Company (ONEIC) awarded investment contract to establish water desalination station in Sur

In a disclosure to Muscat Stock Exchange the company said: Oman National Engineering & Investment Company SAOG (ONEIC) has the pleasure to announce to its shareholders and investors that It was awarded an investment contract to establish a water desalination station for its branch in wilayat Sur by the Public Establishment for Industrial Estates (Madayn). Through which the area and the expansions will be supplied with water during the contract period, and the work to establish the station will begin during this year and production starting in 2025.

This project comes inline with company strategic direction for long-term Engineering investment projects that achieve sustainability in the company’s business and achieve stable returns that contribute to strengthening its financial position in the coming years

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