26-05-2025
Oman-UAE pact for special economic zone in Buraimi
Muscat: The Public Authority for Special Economic Zones and Free Zones and Mahdha Development Company (an Omani-Emirati partnership) signed an agreement to develop and operate the first phase of Rawdha Special Economic Zone in Al Buraimi Governorate.
The agreement stipulates that the developer will establish public facilities and infrastructure, such as roads, water supply, wastewater networks, and other services. The agreement also stipulates the preparation of a master plan, environmental studies, and preliminary design for the allocated area of 14 sq km in the first phase, expandable to 25 sq km in the second phase
The developer will target economic activities in the first phase, mostly logistics, warehousing, pharmaceutical, medical, plastics, mining, and food industries, as well as security and safety services, in addition to providing one-stop-shop services.
