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Oman News

Oman Investment Authority President explores investment prospects in Khazaen Economic City

His Excellency Abdul Salam Al-Murshidi, President of the Oman Investment Authority (OIA), along with a delegation of top executives, recently visited Khazaen Economic City.

TAS News Service

info@thearabianstories.com

Thursday, July 25, 2024

MUSCAT : Khazaen Economic City recently welcomed His Excellency Abdul Salam Al-Murshidi, President of Oman Investment Authority (OIA), accompanied by a high-level delegation from the Authority and its affiliated companies. The visit examined the city’s business and investment environment closely, particularly focusing on opportunities to establish high-value-added industries.

In a short span, Khazaen Economic City has attracted over $1 billion in investments from 17 countries, enhancing various economic sectors. The city’s ecosystem is particularly favourable for growth in logistics, food, pharmaceutical, and industrial sectors, providing a robust platform for investors to expand their businesses and achieve commercial success.

Khazaen Economic City offers a wide array of investment opportunities. The Industrial Zone & Freezone is designed to accommodate light and medium industries, including repairs, maintenance, packaging, assembly, and manufacturing. Additionally, the city’s logistics and warehousing capabilities are anchored by Oman’s first inland port, Khazaen Dry Port, which supports retail warehousing, cold storage, distribution, and freight forwarding.


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