The company said the second stage of the port is expected to start operations in the fourth quarter of 2012 and it will have 700m of berths.
In the third stage the port project will have a 980m berth, as well as a 4.1km-long and 11m-high breakwater.
The port, located between Sultan Qaboos port in Muscat and Salalah Port, will have the capacity to handle 3.5 million containers, with future plans to expand this to 20 million containers.