Marafi Sohar has signed an agreement with Sohar Port and Freezone to develop a minerals aggregate terminal at the Omani port over two phases.
A bulk terminal to accommodate a 200,000m² stockpile yard will be developed over 20 months.
Providing there are no delays, the project should be completed in 2020.
While the minerals aggregate terminal is being built, a "hybrid solution" will be set up at the port, so the company can capitalise on the lucrative aggregates export trade. This short-term option will see exports of aggregates, such as crushed rock, gravel and sand, leave the port by mid-September 2018.
At 100,000m² the temporary site, located on Terminal 2D, will be half the size of the permanent terminal. Two mobile ship loaders and a third one as a back-up unit will be brought in to manage operations.
The yard will be able to receive three separate stock piles. Two weigh bridges will be installed to accommodate this.
Chief executive officer of Sohar Port and Freezone, Mark Geilenkirchen, said exporting aggregates from the port made sense, as many of Oman's quarries were located nearby.
"Sohar is ideally equipped to develop high-capacity aggregate facilities, especially when you consider most of the quarries producing mineral aggregate are in close proximity to the port."
"As a result, the port provides easy access for export and a great opportunity for development. We are proud to join hands with such a forward-thinking company as Marafi Sohar, who have a long-term strategy in place to expand their horizons internationally, through business partnerships and relations, with SOHAR as their gateway to the gulf and beyond."