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HomeInvestmentOman Economic Zones Set to Significantly Boost Investment and Trade

Oman Economic Zones Set to Significantly Boost Investment and Trade

Oman has launched two new economic zones in Ibri and Mahadha to attract quality investments and support economic growth. These zones aim to enhance the production and service sectors, create jobs, and stimulate commercial and logistical activities. They also align with Oman Vision 2040’s economic diversification goals.

The Ibri and Mahadha zones operate under Oman’s Special Economic Zones and Free Zones Law, providing comprehensive regulations that make the investment climate more attractive for local and foreign businesses. Consequently, these Omani economic zones strengthen regional and international competitiveness while offering an investor-friendly environment.

These zones draw on the success of existing special economic zones, free zones, and industrial cities managed by OPAZ. They follow best international practices and feature integrated infrastructure and high-quality services. These features encourage investors to establish industrial, commercial, and service projects within the zones.

The Ibri zone, located approximately 20 kilometres from the Rub-el-Khali border crossing and 105 kilometres from Ibri Industrial City, plays a strategic role in inter-regional traffic. It facilitates trade between Oman, Saudi Arabia, and neighboring countries. The zone also supports manufacturing, food industries, and logistics, making it a key center for developing efficient supply chains.

Similarly, the Mahadha economic zone, located about 85 kilometres from Al Buraimi and 125 kilometres from Sohar, enhances economic cooperation with the United Arab Emirates. Its position along the main road connecting the Port of Sohar and the Port of Jebel Ali strengthens trade and logistics networks. The zone also diversifies economic investments in trade, services, transport, and logistics while benefiting local communities.

Both zones offer a suitable environment for multiple sectors, including industry, tourism, education, healthcare businesses across, and import-export activities. Investors gain access to modern infrastructure and supportive regulations, enabling smooth project implementation and operational efficiency.

Furthermore, these zones contribute to raising the quality of infrastructure and services in their regions. They create opportunities for local communities through employment generation and the development of supporting industries. By combining strategic location, integrated infrastructure, and favorable regulations, the zones position Oman as a regional investment hub.

Overall, the launch of Oman economic zones in Ibri and Mahadha strengthens the country’s investment landscape. The zones promote industrial, commercial, and service growth, enhance regional trade, and support Oman Vision 2040’s strategic objectives.