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Muscat Daily
13-02-2025
- Business
- Muscat Daily
SFZ powers Omani industry boom with OR 4.7 billion investment
Salalah – The 'Made in Salalah Free Zone' exhibition opened in Salalah, shining a spotlight on the Sultanate's booming industrial sector as part of Omani Industry Day celebrations. With a staggering OR 4.7 billion in investments and a soaring 40% annual growth rate, Salalah Free Zone (SFZ) is rapidly transforming into a powerhouse of Omani manufacturing. The exhibition, featuring 32 leading industrial companies in pharmaceuticals, food production, and petrochemicals, showcased cutting-edge innovations and Oman's industrial prowess. Dr Ali bin Mohammed Tabouk, CEO of SFZ, highlighted the zone's pivotal role in catapulting Omani industries onto the global stage. He noted that SFZ now hosts 41 industrial projects spanning over 6.2 million square metres, with the industrial sector driving 60 per cent of total investments. Tabouk also emphasised SFZ's commitment to job creation, with 3,096 individuals directly employed and an Omanisation rate of 34 per cent. He described the Free Zone as a magnet for investors, offering state-of-the-art infrastructure and a highly competitive business environment, positioning Oman as a leading hub for industrial innovation.
Times of Oman
12-02-2025
- Business
- Times of Oman
'Made in Salalah Free Zone' exhibition marks Omani Industry Day
Salalah: An exhibition themed "Made in Salalah Free Zone" was opened in the Wilayat of Salalah on Wednesday in celebration of the Omani Industry Day, which falls on 9 February every year. The exhibition forms part of the efforts of Salalah Free Zone (SFZ) to enhance industrial investments and augment the competitiveness of Omani products. SFZ efforts include the development of advanced infrastructure and a flexible and attractive business environment. The exhibition saw the participation of 32 industrial companies specialized in pharmaceutical, food and petrochemical industries. It showcases the latest products and innovative solutions and embodies the diversity of the Omani industrial sector. The event included specialised workshops in the field of developing industrial skills and raising the standards of quality and productivity. Dr. Ali bin Mohammed Tabouk, CEO of Salalah Free Zone, said that SFZ seeks to empower national industries and boost their ability to expand into regional and global markets by hosting a group of leading Omani companies in the field of production and manufacturing. Tabouk explained that SFZ hosts 41 industrial projects operating on a leased area exceeding 6.2 million square metres. This reflects the expansion of the industrial sector, which constitutes 60 percent of the total investments in the zone, he added. Tabouk pointed out that the total volume of investments in Salalah Free Zone stands at OMR4.7 billion, with a compound annual growth rate of 40 percent over the past five years. He added that about 3,096 employees were directly recruited, with a 9 percent annual growth rate and an Omanisation rate of 34 percent.
