Login

Reload

Remember me Forgot it?

Not a subscriber?

Click on the button below to create your account and get immediate access to Xinhua Silk Road Database.

Start a Free Trial

Subscribe

Belt & Road Weekly Subscription Form

Research Report

The full edition of the report is available at Xinhua Silk Road Database. You can click the “Table of Content” to have a general understanding of it.

Click on the button below to create your account and get immediate access to thousands of articles.

Start a Free Trial

FTZ/Industrial Park

HOME > FTZ/Industrial Park


Wanfang commercial-residential complex starts construction in China-Oman industrial park

April 17, 2018


Abstract : The construction commencement ceremony for the Wanfang commercial-residential complex was held Monday in the China-Oman Industrial Park in Duqm.

2

DUQM, Oman, Apr. 17 (Xinhua) -- The construction commencement ceremony for the Wanfang commercial-residential complex was held Monday in the China-Oman Industrial Park in Duqm.

Lee Cheekhian, CEO of Special Economic Zone Authority in Duqm, presided over the ceremony, which was also attended by Salim Al Sulaimani, CEO of Tatweer, and Sha Yanju, chairman of Oman Wanfang.

A the ceremony, 16 heavy construction equipments lined up in the light industrial area of the China-Oman Industrial Park in Duqm, about 500 km from Omani capital Muscat.

The Wanfang commercial-residential complex project, covering a total area of 40,000 square meters, comprises four three-storey commercial buildings, one five-storey office building and one five-storey commercial office building.

In the first phase, it plans to build a five-storey building with a construction area of 15,000 square meters.

Cheekhian spoke highly of the project and wished it a success with the support of bilateral governments.

"Providing high-standard supporting facilities for the staff is an important part of the construction of China-Oman Industrial Park," said Sha, whose company is the developer and operator of the park.

Under a deal signed in May 2016 between China and Oman, the park, covering an area of about 11 hectares, will be built with a total investment of 10.7 billion U.S. dollars from Oman Wanfang, a subsidiary of Wanfang China from the Ningxia Hui Autonomous Region in northwest of China.


Related Coverage

Focus

Think Tank

  • 'Make in India' and 'Made in China' not zero-sum gam...

    March 1, 2019

    The success "Make in India" initiative will not only be conducive to the de...

  • The fledgling Greater Bay Area needs ‘affable guida...

    February 28, 2019

    From the examples of three bay areas, namely New York, San Francisco and Tok...

  • Economy can resist external pressure

    February 28, 2019

    China is capable of dealing with any pressure because it is committed to dee...

  • Household debt ratio not a cause for concern

    February 26, 2019

    For many families, the mortgage payment to household income ratio is unreaso...

  • Ask Us A Question

    If you have any questions, please enter them in the box below.

    Reload

    Write to Us

    Do you want to be a contributor to Xinhua Silk Road and tell us your Belt & Road story? Send your articles to silkroadweekly@xinhua.org and share your stories with more people.

    Click on the button below to create your account and get imhttp://img.silkroad.news.cn/templates/silkroad/en2017te access to thousands of articles.

    Start a Free Trial