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The establishment of the Duqm Free Zone in 2011 came to respond to the wise vision of the late His Majesty Sultan Qaboos bin Said towards achieving a sustainable, balance, and diversify economic development in the Sultanate for decades to come, bringing equity in the standards of living between the different governorates of the country, and forging a closer relationship with regional and international trading partners.
Salalah Free Trade Zone locates adjacent to the Salalah Port. One of the most important industrial hubs in Dhofar. Salalah Oman’s second city offers competitive labour and infrastructure costs compare to other regions in order to attract investors in the chemical and material processing, manufacturing, assembly, and logistics sectors.
This creates a financial community to connect investors with the entrepreneurs to support them in setting up the company or finance their business needs.
SOHAR Freezone is a 4,500 hectares development that, together with SOHAR Port, attracts over US$27 billion in investments. The first phase of the free zone has been developed, with almost 75% of the 500 hectares lease. Phase 2 is now well underway. This will see further expansion and growth for new investors looking to take advantage of the compelling value proposition with unique incentives to operate their companies easily and flexibly, in an environment where businesses can prosper.
Al Mazunah locates in the Western South of the Sultanate of Oman, 4 Km away from the Yemeni borders and 14 Km from Shahn City in Yemen. This unique location gives it a distinct commercial and investment dimension, where it can be deemed a worldwide investment gate for Yemen and Oman, especially with the great investment facilities offer by the Sultanate to the non-Omani investors. Free Commercial zone participating in increasing the regional competition of Oman concerning attracting and developing the local and international investments.
The government of Oman has been taking active measures to encourage business growth, focusing on diversification, industrialization, and privatization.
The Sultanate locates at the mouth of the Persian Gulf, granting it a nautically strategic position, with a 1700 km long coastline serving as the gateway to the Arabian Gulf.
Oman witnesses extensive economic and social reforms since 1970. It has been growing manifold, with the development of tourism and real estate. As such, the Sultanate now attracts sizeable foreign investment, paving the way for even more business opportunities in Oman.
