Economy & Market
Oman´ Raysut Cement Somaliland terminal on track
Raysut Cement said its project with Barwaaqo Cement Co in Berbera, Somaliland, is progressing well. The Oman-based cement producer signed a joint venture agreement with the Barwaaqo Cement Co in September 2014 for building a 12,000t bagging and distribution terminal at Berbera. The project reflects an investment of $7.5m and is expected to support the company´s expansion.