The two sites represent promising investment opportunities for businesses operating within Oman’s mineral sector
Oman’s Ministry of Energy and Minerals has invited interested investors and developers to bid for exclusive mining rights to two marble-rich sites located at Ibri in Al Dhahira Governorate.
The two sites, covering a total area of 703,000 sq metres, represent promising investment opportunities for businesses operating within Oman’s mineral sector, the Ministry stated in a post.
“The mining sites selected for inclusion in this prestigious auction have been carefully chosen based on their exceptional geological composition and strategic location,” it said. “Commencing on May 21, 2023, interested parties are invited to register for this momentous event, which provides a unique chance to participate and capitalize on this extraordinary occasion.” The registration period will remain open until August 20, 2023, the Ministry said.
It is the latest in a series of public auctions unveiled by the Ministry as part of its bid to open up Oman’s promising mining sector to private investment and development.