Oman-based Sohar Flour Mills has announced plans to construct steel silos with a grain storage capacity of 70,000 tons at Oman's Sohar Port. The construction of the steel silos will cost approximately $33.7 million and is expected to be completed in two years.
An agreement was signed to lease a storage facility for a wheat silos project at the Sohar Port, situated in Oman near the Strait of Hormuz facing the Arabian Sea. Dr. Fuad bin Ja'afar bin Mohammed al Sajwani, Minster of Agriculture and Fisheries, and chairman of the Public Authority for Stores and Food Reserves, and Khamis bin Abdullah al Farsi, chairman of Sohar Flour Mills, signed the agreement. According to a press release of the company, the storage capacity of the project is 70,000 metric tones. The agreement signing ceremony was held at the Ministry of Agriculture and Fisheries and was attended by Dr Rashid bin Salim al Masroori, CEO of the Public Authority for Stores and Food Reserves, in addition to officials from Sohar Flour Mills. The wheat grain silos project is considered one of the main projects that support the food security strategy and it will allow the storage of wheat grains in a strategic location at the Sohar Port. Sohar Flour Mills is a 60% subsidiary of Oman Flour Mills and is being established in Sohar with US$39 million investment.