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Wednesday, Feb 08th

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Oman To Invest $5bn In Domestic Steel Industry In 2008

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The Sultanate of Oman is aiming to become one of the Gulf region's top iron and steel producer, with plans to invest $5bn to boost productivity and construct new facilities as part of the government's efforts to broaden the base of its economy for the coming years.

With a clear directive to further strengthen its position in the country's fast growing construction market, Danube Building Materials FZCO, the leading player in the construction, interior decoration and shop fitting industry...

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