These complexes offer
infrastructure and cutting-edge community of
roads, water and power deliver withinside the
evolved phases.
“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. Diversity of initiatives
The CEO of Sohar Free Zone emphasised
that the Zone enjoys a range of current
initiatives, wherein many sectors flourish, such
as logistics, easy power, iron, metal and
minerals, chemical substances and textiles.
The 2nd seminar showcased the
promising funding possibilities in
the Food Industries Complex for Indian
businesses.
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. As well, they
offer operational offerings, which could
be furnished through the businesses operating
withinside the Sultanate. Work has additionally been done
to offer perfect warehouses and places of work for
businesses, industries and logistics service
providers.
Positive impacts
Al Mahrizi pointed out, “Attracting these
initiatives is of awesome significance to the neighborhood
commercial enterprise network of all kinds, creating
commercial enterprise possibilities for neighborhood businesses
in financing and production. 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.
Contributing to economic
diversification it.
