Salalah Mills Co, a publicly traded company listed on the Muscat Stock Exchange (MSE), plans to set up a new food industries centre at Khazaen Economic City with an investment of RO10 to 12 million ($26 million to $31.2 million).
An initial agreement to this effect will be signed by the Dhofar-based flour mill company for the lease of a 20,000 sq m plot in Khazaen, said an Oman Observer report.
The proposed Food Industries Centre will include an industrial bakery and production lines for frozen and semi-cooked pastries in the first phase, followed by frozen cakes, snacks, noodles and biscuits in the second phase.