On 20 May 2013, Singapore-based Sembcorp signed a joint venture with Takamul Investment Company, a subsidiary of OOC to develop centralized utility facilities for Oman’s Ad Duqm Special Economic Zone. The CUC will provide water, wastewater, power, steam, and logistics. OOC’s refinery and petrochemical facility will serve as the anchor tenant.
Salalah Power and Water Company is 60% owned by Sembcorp subsidiary, Sembcorp Utilities. Oman Investment Corporation and Bahrain-based Instrata Capital own the remaining stakes. Sembcorp is also a 70% owner in the operating company, Salalah O&M Company.