Oman has taken a major step in industrial expansion. Minerals Development Oman (MDO) signed a new deal with Dev Salt. Together, they will develop the Oman industrial salt project in Mahout, located in Al Wusta Governorate.
Importantly, this collaboration reflects the growing trend of public-private partnerships in Oman. Both companies signed the agreement during a ceremony at the Invest Oman lounge. Officials from the Ministry of Commerce, Industry, and Investment Promotion attended the event.
The project site lies within MDO’s 51K concession area. Located near the Arabian Sea, the region offers ideal conditions for solar evaporation. Its location near Duqm Port also improves export opportunities.
Additionally, the Oman industrial salt project will use solar-powered evaporation. This approach ensures the sustainable production of high-purity, bromine-rich salt. These methods help reduce environmental impact while maintaining high output.
Besides that, Mattar Al Badi, CEO of MDO, said the project supports Oman’s economic goals. It combines sustainability with industrial development. Al Badi emphasized that the project will deliver environmental and economic benefits.
The initial investment reaches OMR13.4 million. The facility plans to produce 2 million tonnes of salt each year. It will span 109 square kilometers and deliver up to 99% salt purity. That purity level serves industries such as chemicals, oil and gas, food, logistics, and pharmaceuticals.
Moreover, the project targets diverse global markets. Countries in Africa, Asia, Europe, and India are potential buyers. Oman aims to become a major supplier in the global salt industry.
Hirendrasingh Jhala, Chairman of Dev Global, expressed confidence in the partnership. He said the team would apply global experience from Salt Ventures in India. This experience ensures smooth operations and competitive exports.
Additionally, the project will create new jobs and business for Omani SMEs. It invites local suppliers to participate in operations, maintenance, and logistics. Thus, it strengthens the national value chain across sectors.
Global demand for industrial salt continues to rise. Analysts expect demand to reach 372 million tonnes soon. Therefore, the Oman industrial salt project will play a vital role in meeting this need.
The project also adds environmental value. Evaporation ponds may attract birds and marine life. This development opens potential for eco-tourism in the future.
Overall, the project demonstrates Oman’s commitment to sustainable industrial growth. It combines clean energy with economic diversification. Moreover, it empowers local talent and enhances investor confidence.