Hutchison Port Holdings (HPH) of Hong Kong is forming a joint venture with the government of Oman and Dutch company C Steinweg Handelsveem to develop and operate a container terminal and other facilities at the Port of Sohar.
HPH will have a majority stake in the two-berth Oman International Container Terminal (OICT), located adjacent to a 2000 hectare industrial estate outside the Strait of Hormuz on the sultanate’s northern coast. The terminal is scheduled to begin operations in April next year....
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This complete item is approximately 200 words in length, and appeared in the November 2005 issue of WorldCargo News, on page 10.
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