Major smelting construction Oman

expat network

Major smelting construction Oman

Iran is set to construct a major factory for melting iron in Al Duqm, Oman, for which a major chunk of its proposed $4 billion in investments will be utilised, according to a report.

Other major investments in the Sultanate will be in the Al Wusta Governorate, said the Oman Observer report.

“We will be constructing a factory for melting iron as part of the 70 per cent of the total investments to be made in Al Duqm,” Mohammad Reza Nematzadeh, Iranian Minister of Industry, Mines and Commerce, was quoted as saying.

The smelter will be tasked with extracting metal by heating natural ore which is seen in Oman’s rocky mountains that is mixed with purifying and heat generating substances such as limestone and coke at high temperatures in an enclosed furnace, said the report.

This will help produce better metals to be consumed locally and exported to other countries.

Meanwhile, speaking on the sidelines of the ‘Iran Country Solo Exhibition,’ a trade event for Iranian products in Oman, Nematzadeh said that Iranian companies will be co-operating with Oman Rail Company to build bogies and rails.

The exhibition, which will run till January 10, featuring more than 100 companies, covering diverse product segments ranging from handmade and machine-made products, home appliances, interior decoration and food products to medicinal, steel and metal, petrochemical products, power and industry-related equipment, construction materials, industrial machinery, and information communication technology.

Source: Trade Arabia

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Moving Abroad Checklist

Initial Considerations

Will your partner be travelling with you?

If so, what will they be giving up in your present home and will they be able to continue with their career in your new home? You will need to check whether a separate visa is required for your partner to work or if your visa gives that right. If they are unable to work you will need to decide on the effect on your finances and what alternatives are available to give a fulfilling life (home business, training, voluntary work).

Are you taking family with you?

Moving with family raises many exciting opportunities, but also can create challenges. The HSBC Expat Explorer survey indicates that expat kids can take six months to settle in to their new country (see article). Getting young or even older children to prepare to move and leave their friends and family behind can be a challenge and should be thought through.

The options for education is another area that needs to be thought through.

Moving your child to a new country with a different education system can be a great opportunity to broaden their experience, but if they are close to key exams the timing can make this inadvisable. If you do take your family with you, it is important to decide between joining the local school system or choosing an international school.

Where will you be living?

Whether you will be living in a house or apartment, furnished or unfurnished, these decisions will affect what you need to take with you. The time you are planning to live overseas will also affect whether you should leave your property at home empty, rent it out or sell it. See the article Sell, Store or Ship.