The establishment of SV Pittie Sohar Textiles also has the potential to rekindle the cultivation of cotton in the Sultanate. The facility will be the first step in establishing a fully-fledged textile cluster in the SOHAR Freezone. The facility will play the anchor role not only in terms of manufacturing of yarn but also the manufacturing of fabric and further downstream processing. In fact, the ready availability of yarn will attract a lot of downstream investments in knitting, weaving, spinning and fabric manufacturing, in turn creating a thriving industrial cluster.
The advantage
SV Pittie established SOHAR Textiles, a company that will oversee the construction and operation of a state-of-the-art cotton yarn project at the SOHAR Freezone. In fact, the giant yarn manufacturing plant formally inaugurated its first unit at the Freezone on December 13, 2018, in a record time of approximately 8 months.
This is set to be the first of four units that will together make up the USD 300 million yarn manufacturing project being constructed in the free zone. When fully completed by November 2019, the project will be the most automated and advanced manufacturing facility of its kind in the world today; housing a total of 300,000 spindles and 7,000 rotors producing over 100,000 metric tonnes of compact cotton yarn per annum.
It will subsequently create 1,500 job opportunities, for which a specialised training centre within the facility is being established. This first textile related venture in the Middle East will create a full-fledged textile cluster with immense profit and employment generating potential.