RENAISSANCE SERVICES FINALISES EQUITY RAISING FOR DUQM PAC

MUSCAT: Renaissance Services has finalised the equity partnership for its RO75mn Permanent Accommodation Project (PAC) in the Duqm special economic zone.

The total investment is estimated at RO75mn, with 40 per cent of the investment funded through the new equity partnership between Royal Court Affairs, the Ministry of Defence Pension Fund, Bank Muscat, Al Khonji Development and founder and promoter, Renaissance Services.

SOURCE: MUSCAT DAILY