Sunday 21 October 2018

OFIC plans to set up soya extraction project

MUSCAT, December 18, 2017

Oman Food Investment Holding Company (OFIC), the investment arm of the Sultanate plans to establish a soya extraction project, a media report said.

The whole project is expected to be implemented in different phases, Times of Oman reported, citing a document released by OFIC.

A new company will be formed with active equity participation from private investors, according to the report.

OFIC has appointed Frost & Sullivan as the consultant to decide the size of the project, it said.

Tags: soya | OFIC |

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