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Oman to invest in new plant

Oman Cables Industry SAOG, a cable manufacturer based at Al Rusayl Industrial City in Muscat, reports that it will make a substantial investment in its subsidiary, Oman Aluminum Processing Industries SPC (OAPIL), to establish a production facility in Suhar, the capital of Oman.

A press release said that the expansion is aimed at manufacturing advanced composite core conductors. Board Chairman Cinzia Farise said that the project would expand OAPIL’s operational scope as well as increase profitability and diversification for Oman Cables.

Founded in 2008, OAPIL has played a key role in Oman’s aluminum and electrical transmission sectors. The new facility will strengthen the company’s presence in international markets, especially in energy infrastructure sector. Part of Prysmian, Oman Cables Industry (SAOG) has offices in Oman, UAE, Qatar, Bahrain, and KSA, and an extensive network across the Middle East, Africa, Turkey, Russia and India (MEART) region.

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