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JSW Infrastructure gains 51% control of a new Omani port to boost India’s steel and cement exports.
JSW Infrastructure, India’s second-largest private port operator, has secured a 51% stake in a new Omani port project through a $419 million deal, partnering with Oman’s Minerals Development Oman.
The greenfield port in Dhofar Governorate, with a 27 million tonne annual capacity, will support exports of limestone, gypsum, and dolomite—key materials for India’s steel and cement sectors.
Construction begins immediately, with commercial operations expected by early 2029.
The project, part of Oman’s Vision 2040 economic diversification strategy, aims to boost regional trade, improve supply chains, and attract foreign investment.
JSW plans to expand its cargo capacity to 400 million tonnes annually by 2030.
JSW Infrastructure obtiene el control del 51% de un nuevo puerto de Omán para impulsar las exportaciones de acero y cemento de India.