Investments in Salalah Free Zone reach RO 728 million

Total Investments in Salalah Free Zone reach RO 728 million in 2023

Muscat: The total investments attracted in the Salalah Free Zone during the past year amounted to OMR 728 million as part of the signing of 9 agreements during the past year, in addition to 8 new building permits, with an area estimated at 1.2 million square metres.

Statistics issued by the Salalah Free Zone indicated that the total cumulative volume of investments in the Salalah Free Zone amounted to more than RO 4.5 billion, with a land occupancy rate of 50%, and the total number of signed agreements reached 129 agreements, while the projects in the operating phase amount to 39 projects, and 21 A project in the construction phase, the Salalah Free Zone witnessed remarkable achievements in 2023, most notably the significant increase in the volume of investment and the number of investments, in addition to leasing large areas of land. This growth reflects the free zone’s commitment to economic development and prosperity.

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