Al Mahrizi touched at the beneathneath production
initiatives, inclusive of Al Hosun bloodless storages,
Sohar Qabas Solar Power Plant, truck
CEO of Sohar Free Zone for :
$918 million is the price of current
initiatives and $2 hundred million for the beneathneath
production initiatives
We consciousness on
attracting
foreign
investments
that support
economic
growth
Omar bin Mahmoud Al Mahrizi
restrooms, Quartz and Mineral Products
Factory, further to Sanvira Carbon
Factory.
Promotional and advertising efforts
Sohar Free Zone is making awesome efforts
in selling its competencies so as to
accommodate numerous funding initiatives.
Development phases
Regarding the Zone`s improvement phases,
Al Mahrizi explained, “The Zone, established
in 2010, stretches over 4,500 hectares and
has been divided into five phases. 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.
Additionally, there may be a unmarried centre and
device for finishing and processing
authorities and regulatory procedures”. We
currently released 5 digital seminars in
cooperation with the Federation of Indian
Chambers of Commerce and Industry,
titled "Industrial and Logistics Solutions to
Enhance Your Expansion Plans". It additionally shed mild on
the aggressive fee of the loose quarter, the
appealing incentives provided, wealthy resources
of uncooked substances and the benefits of
the loose alternate settlement among the
Sultanate and USA.
The first seminar, held ultimate July, highlighted
the benefits and strategic components
of the loose quarter for Indian businesses and
approaches to sell them to Gulf, African and
American markets. Similarly, the Zone targets
Omani industrialists and businesspersons
to begin their commercial enterprise from Sohar in
order to maximize their advantage from the
direct reference to the port, as well
because the Zone`s main infrastructure and
aggressive rates”.
“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.