Sinolight Corporation Awarded $300m Sugar Refinery Contract Construction and Real Estate

Oman Sugar Refinery Company (OSRC) signed an engineering procurement contract (EPC) with Sinolight Corporation of China yesterday to set up the first sugar refinery in Sohar. The total value of the contract is said to be around $300 million.

Construction work on the refinery will begin in the third quarter, to be ready in 2018. “The plant, which will use the latest production technology to produce the highest quality refined sugar, will have a capacity of one million tones of refined sugar per annum,” said Ashwin D Rana, CEO, OSRC.

The contract will be managed on behalf of OSRC by Bosch Projects of South Africa. This first sugar refinery to be established in Oman will generate employment for around 500 people and has a target for Omanisation of 92 per cent from 25 per cent in initial years.

The refinery will have a capacity of one million tonnes of refined sugar per annum and the contract will be managed on behalf of OSRC by Bosch Projects of South Africa. “This will be the first sugar refinery to be established in the Sultanate of Oman and will create employment for Omani citizens, diversify the economy of the country, create many downstream opportunities and above all enhance food security in the country,” said Sohar Port and Freezone in a statement.