Thursday, March 12, 2009

Horizon Terminals Ltd Invest $300 Millions in South Korea and Morocco

UAE's Horizon pumps $300m in South Korea, Morocco - Transportation
Arabian Business
Storage operator Horizon Terminals Ltd is investing nearly $300 million to expand its terminal in South Korea next month and to build a new facility in Morocco by early 2009, its chairman said on Wednesday.
The Horizon Terminals group, wholly owned by Emirates National Oil Co (ENOC), has already pumped $350 million into its Singapore facility - which will open its third phase on Thursday - and invested $400 million into its 1.2 million cubic metre terminal in Fujairah. ...

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