Oman's Bank Nizwa signs RO20mn financing deal with ONEIC
Published 21 Nov,2020 via Muscat Daily - Bank Nizwa has signed a financing agreement with Oman National Engineering & Investment Co (ONEIC) to establish Sahalnoot sanitation network in Salalah for Salalah Sanitary Drainage Services Co (SSDC).
The project, valued at RO45mn, is one of the most identified key projects that will support overall development in the Dhofar region and follows the national direction of encouraging more private sector investments in the country’s infrastructure.
In a press statement, Bank Nizwa said it will support this essential Salalah infrastructure project by providing Sharia’a-compliant financing to the tune of RO20mn.
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