Muscat – The Salalah Free Zone sealed two pivotal agreements, reinforcing its economic landscape and welcoming substantial investments.
The first agreement, valued at 65 million U.S. dollars, grants a usufruct right to establish a factory that produces caustic soda, calcium chloride, and ammonia chloride—essential components widely utilized across various industries. The strategic investment aims to foster industrial diversification and meet the growing demands of multiple sectors.
In tandem, surpassing 100 million U.S. dollars, the second agreement secured a usufruct right to establish a factory dedicated to producing hydrogen peroxide and formic acid.
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