High Level of Investment Growth in Oman's Economic Zones

  • Muscat, Sultanate of Oman
  • 20 November 2023

The Sultanate of Oman has strengthened its attractiveness for investments in economic zones, as the Authority’s latest statistics showed that the volume of cumulative investment committed in those regions and industrial cities by the end of June amounted to more than 16.6 billion riyals ($43.2 billion).

The currently active zones are distributed in Duqm in the south of the country, which is among the largest in the Middle East, three free zones in Sohar, Salalah, and Al Mazyouna, and 9 existing industrial zones. The areas currently under development include two, one economic and one free, in addition to five industrial areas.

Investment in the Salalah Free Zone amounted to $11.7 billion, while the value of investment in the Duqm region exceeded more than $9.9 billion after an influx of $482 million in the first half of this year.

Source (Al-Arab Newspaper of London, Edited)

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