Salalah Free Zone attracts more investment projects

The Salalah Free Zone, affiliated to the Asyad Group, was able to develop its facilities and enhance the level of integration in it to become an attractive logistics area for local and foreign investments looking for fertile land that provides all the necessary services to facilitate business and industrial and commercial movement.

The continuous development efforts, the total number of projects in operation and under construction in the free zone has reached 76 factories and stations, which reflect the high quality of the region’s facilities and are qualified to contain various industrial and productive projects, including manufacturing, pharmaceutical, food and cosmetic industries.

The Salalah Free Zone recorded several achievements during the current year 2022, such as signing new investment agreements and hosting other companies and factories, as 6 factories launched their operational operations in the Raysut and Adhan regions, the most prominent of which in terms of local investments were the projects of the OQ Group to extract liquefied petroleum gas with an investment of more than 315 million RO, with an occupancy area of ​​214,000 square meters, and the ammonia production plant project, which covers 118,000 square meters, with an investment of more than RO 173 million.

The Arabian Sea Fish Factory also started processing and preparing a group of fish and marine life, as the factory has an area for storing and preserving fish of approximately 1,200 tons and a production for freezing 48 tons per day, with an investment size of RO 538,000.

The International Company for Gypsum Boards has finished expanding its production unit with an area of ​​50,000 square meters, with an investment of more than RO 3.4 million.

Other factories that started operating this year also include the High Degrees factory for the manufacture of cosmetics, with an investment of RO 346,000, and the Gulf Tech factory for the manufacture of packaging products, propylene and polyethylene, with an investment of approximately RO 1.9 million.

In addition, construction work has been completed in a number of factories, most notably the Felix complex for pharmaceutical industries, a Qatari project that occupies an area of ​​more than 109,000 square meters and has a huge investment value of more than 140,000 Omani riyals for the production of medicines and specialized food products. Completion of construction works in the Al-Namariq Mining Factory, which covers an area of ​​60,000 square meters, and is considered a joint Omani-Iraqi project for the production of quicklime, with an investment value of 4 million Omani Rials. 192 thousand Omani riyals, in addition to the Zadi Food Industries factory to start production at the beginning of next year, with an investment size of 384 thousand Omani riyals.

The Salalah Free Zone was keen to provide all possible facilities for the industrial projects that it hosts, in line with its vision represented in building a long-term partnership with its customers by establishing an integrated modern infrastructure in a distinguished geographical location, and providing attractive incentives, a safe environment and reliable services. These facilities include building and equipping a corridor For bulk and liquid goods with a length of 5,740 meters connecting the free zone and the port of Salalah to serve methanol, liquefied natural gas and ammonia projects, in addition to establishing a gas pipeline network with a daily production capacity of one million cubic meters to meet the needs of existing and future factories of gas. In addition, the free zone worked to develop The digital infrastructure in it and the installation of the latest technologies for wired and wireless communications for all sites of the Raysut region and the Adhan region of the first phase.

Dr. Ali bin Muhammad Tabuk, CEO of the Salalah Free Zone, said, “The Salalah Free Zone succeeded during the current year 2022 in attracting many local and international investments, whose value amounted to more than 409 million Omani riyals, while the total usufruct agreements signed with the zone reached the end of October from This year, it reached 119 agreements with an investment volume of more than one billion Omani riyals.

He added: “The total area of ​​leased land from these agreements amounts to 4.8 million square meters, approximately 40% of the total leasable land area, while the percentage of renting warehouses and offices is 91% and 100%, respectively, of the total number of leasable warehouses and offices. Which reflects the growing demand for logistics services provided by the region, and translates Salalah’s leading position as a logistics center.”

Tabuk explained that within the framework of the region’s efforts to become a leading global center for high-quality industrial and logistical activities, it offers many economic incentives and facilities to investors, the most important of which are tax exemptions, and the right to full foreign ownership of investment projects, in addition to enjoying a strategic location adjacent to the port of Salalah overlooking the path of the most prominent global shipping lines. Which has infrastructure and equipment that places it among the elite commercial ports in the world.