Oman’s Public Authority for Particular Financial Zones and Free Zones (OPAZ) is embarking on an bold growth technique to cater to the escalating demand for premium industrial house within the nation’s Salalah Free Zone and Raysut Industrial Metropolis. Dr Ali bin Masoud bin Ali al Sunaidy, Chairman of OPAZ, affirmed the federal government’s steadfast dedication to fostering a beautiful funding setting tailor-made to the various wants of potential traders.
In response to inquiries from the Oman Each day Observer, Dr Al Sunaidy highlighted the Authority’s proactive strategy in looking for further land to accommodate the rising demand from potential traders. He emphasised the strategic significance of Salalah Free Zone, citing its advantageous positioning and the favorable commerce agreements established with companions within the Gulf and Arab areas, making it an interesting vacation spot for forward-thinking industrialists.
Detailing the zoning technique throughout the Salalah Free Zone, Dr Al Sunaidy defined the meticulous division of the zone into two distinct sections. One part, located on the coast, caters to industries requiring speedy port entry, whereas the opposite, strategically positioned away from the port, is designated for industries much less depending on such proximity.
OPAZ stays dedicated to a clear and merit-based land allocation course of, prioritizing deserving corporations established inside Salalah or the broader Dhofar Governorate, Dr Al Sunaidy reiterated. Moreover, he disclosed plans for establishing various websites in Thamrait and Al Mazyouna to deal with the rising wants of the economic neighborhood.
Shifting focus to the digital financial system and the emergence of crypto mining facilities, Dr Al Sunaidy highlighted collaborative efforts between related ministries to harness Oman’s ample renewable power sources. He cited profitable digital tasks applied in Salalah and upcoming initiatives within the Sohar Free Zone, aimed toward leveraging renewable power sources to bolster Oman’s attraction as a premier funding vacation spot.
In conclusion, Dr Al Sunaidy reaffirmed the federal government’s dedication to sustainability, emphasizing Oman’s aspiration to realize carbon neutrality by 2050. He pointed to tangible efforts, such because the 50-megawatt wind energy farm in Harweel, as examples of Oman’s progress in the direction of a greener and extra sustainable future. As OPAZ charts its growth plans, Oman goals to place itself as a hub for innovation, funding, and sustainable growth within the area.
