Oman’s Public Authority for Special Economic Zones and Free Zones (OPAZ) signed 28 investment agreements worth more than OMR304 million ($790 million) on Wednesday, covering more than 2 square kilometers of land, the Oman News Agency reported.
Agreements in industrial cities run by Madayn accounted for OMR147.6 million, led by an Atlas Steel project in Sohar Industrial City worth more than OMR112 million and a OMR20 million ceramics plant by Fujian Mansheng, Mubasher reported, citing the agency.
Sohar Freezone agreements totaled OMR58.5 million, including a OMR38 million vehicle assembly complex and a OMR15 million high-voltage transformer plant by Voltamp.
In the Special Economic Zone at Duqm, agreements were worth OMR55.08 million, including a OMR40 million shrimp feed project by Al Jazer. Salalah Free Zone deals totaled OMR32.95 million, covering steel structures, gypsum and dairy projects, while Khazaen Economic City signed agreements worth more than OMR10.4 million.
