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Sembcorp Presses Independent Water Position 

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.

African Water-Power Interdependence: Market Risks and Opportunities 

This full Market Insight is available to Private Water Insight Service clients.