Rotterdam mulls Oman investment
The Portof Rotterdam is considering investing ¢ 170m ($240m) for the expansionof Sohar port in Oman even as it extends its own facilities toaccommodate increased traffic from Asia.
Port of Rotterdam is already involved in a joint venture with Oman’s government to run Sohar port and will invest directly with its partner in a planned expansion that will accommodate a US$1bn iron ore pellet project proposed by Brazilian miner Companhia Vale do Rio Doce (CVRD).
Port of Rotterdam and its partner will provide some investment with the rest funded through bank financing.
Related Articles
PORT & TERMINAL NEWS
PORT & TERMINAL NEWS
PORT & TERMINAL NEWS