Wakud is nearing completion of its plant at Khazaen Economic City, which will be the first facility in Oman to recycle used cooking oil (UCO) into biofuel.
The plant, for which Wakud International signed an industrial lease agreement with Khazaen, is expected to be operational by June.
The project will be implemented as a joint venture in partnership with UK company Green Fuels Ltd, which has supplied biofuel equipment to customers in more than 80 countries.
Talal Hasan, chairman of the board of directors of Wakud, said, “We could not have chosen a better location for this pioneering project than Khazaen. Indeed, we have benefitted from several advantages that Khazaen has continued to offer since the signing of the lease agreement, like clarity in procedures, ease in completion of approvals from concerned entities, professional customer service and zero administrative costs.
“We are delighted to have commenced construction of the facility, which will add value to Oman’s circular economy in many ways and will catalyse the biofuel ecosystem in Oman.’’
Eng Salim al Thuhli, acting CEO at Khazaen, added: “We are pleased to witness the ground-breaking of the Wakud facility in Khazaen.
“This economic city continues to attract more investors from various industries as it offers strategic location, direct connectivity to the main roads and major ports, along with other commercial incentives such as flexible lease packages that suit different types of investor.”
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