Case Study – Liwa Plastics Industries Complex Project
Project Execution
The Liwa Plastics Industries Complex (LPIC) Project is a major capital investment project in Oman. The total investment value exceeds USD 6 billion, with financing provided by multiple international Export Credit Agencies (ECAs) from Europe and Asia. Owned by ORPIC (Oman Refineries & Petrochemical Company LLC), it shall increase Oman’s production of petrochemicals and increase fuel production, generating 450 direct jobs and over 1,200 indirect jobs in Oman to have a positive effect on the Omani economy.