VOL. XLI

No. 22

1-June-1998

OMAN

Japan's Export-Import Bank Extends $250Mn Loan To Oman For SoharPort Development

Japan's Export Import Bank (JEXIM) has agreed to the terms of a protocol for extendinga $250mn loan to Oman to be used in partially funding the construction of a port at Sohar,south of Muscat, which will support large-scale private industrial projects planned forthe area. The loan protocol was signed on 31 May. The loan will be financed by JEXIMtogether with Japanese private...