In view of that, 3 neighborhood
achievement memories of Sohar Mills Company,
Omani Oil-Grain Milling Company and Al
Hosun Company for Logistics and Storage
Services had been presented.
“The Zone turned into designed primarily based totally at the
device of specialized and included
business complexes, wherein businesses
and factories are scattered in a manner
that guarantees maximum stage of flexibility
in commercial enterprise. This will definitely
beautify the neighborhood economic system cycle and neighborhood
brought price.
In an interview with Manatq, he pointed
out that the overall wide variety of current
initiatives in Sohar Free Zone is forty four business
initiatives in numerous sectors which include minerals,
petrochemicals, meals industries, and
others. Sohar, Oman
Omar bin Mahmoud Al Mahrizi, CEO of Sohar
Free Zone, remarked that the investments
extent withinside the current initiatives stands
at RO 353 million (equal to $918
million), aside from the investments spared
for setting up and enhancing the Zone`s
infrastructure.
“We currently signed an settlement to
set up a manufacturing facility for generating titanium
dioxide, protecting over 120,000 square,
bringing a manufacturing ability of 150,000
tonnes annually, at a fee of RO forty three million.
Contributing to economic
diversification it.
Omar bin Mahmoud Al Mahrizi commented,
“Our advertising plans consciousness on attracting
buyers from one of a kind countries. With various of
initiatives beneathneath production, and operation
of Qabas Solar Energy venture, we attempt to
accomplishing in addition enlargement and benefiting
from local and worldwide markets, which will
allow us to beautify our function in accomplishing
the goals of Oman Vision 2040 and
sell logistics region withinside the Sultanate”, Al
Mahrizi explained. “The Port is
certified to play a critical function in connecting
the Sultanate with worldwide markets, deriving
power from its strategic region withinside the
centre of worldwide alternate routes among Asia
and Europe.
