Latest news with #strategicprojects
Zawya
3 days ago
- Business
- Zawya
Oman: Salalah Free Zone sees investment worth $486mln in H1, 2025
Salalah Free Zone (SFZ) – Part of Asyad Group – has reported a performance in the first half of 2025, attracting six new projects with a total investment value exceeding RO187 million. This brings the zone's cumulative investments to RO4.9 billion since the start of commercial operations, underscoring its growing importance as a global investment hub. The strong performance is reflected in the zone's high occupancy rates, with 51% of leasable land and 87% of warehouses currently occupied, reflecting the rising demand for the zone's infrastructure and services. In addition to attracting new projects, seven strategic investment projects with a combined investment of over RO80 million entered pilot operation and construction phases; these demonstrate a high level of investor confidence in Salalah Free Zone's driven by its. reputation as a reliable and high-potential destination for international investment. The zone's success is a testament to its strategic advantages, including its location at the crossroads of three continents, world-class infrastructure, and a suite of investor-centric incentives. Furthermore, its seamless integration with Salalah Port and Salalah Airport provides direct global connectivity, solidifying its role as a leading industrial and logistics hub. Dr. Ali bin Mohammed Tabuk, CEO of Salalah Free Zone, emphasized the significance of these achievements, saying, "The indicators achieved in the first half of 2025 reaffirm growing investor confidence in our integrated environment. We are focused on attracting projects that not only leverage our advanced infrastructure, attractive incentives, and Asyad Group's end-to-end logistics solutions, but also contribute to economic diversification." 2025 © All right reserved for Oman Establishment for Press, Publication and Advertising (OEPPA) Provided by SyndiGate Media Inc. (
Times of Oman
3 days ago
- Business
- Times of Oman
Salalah Free Zone attracts OMR187 million in investments during first half of 2025
Salalah: The Salalah Free Zone, a subsidiary of Asyad Group, secured OMR187 million in new investments during the first half of 2025. This brings the total cumulative investments to OMR4.9 billion. Warehouse occupancy rates rose to 87 percent, while land occupancy reached 51 percent. This indicates increasing demand for the zone's services and advanced infrastructure, which position it as a global hub for industries and logistics. During the same period, seven strategic projects with a total investment of over OMR80 million entered either a trial operation or construction phase, reflecting international investors' confidence in the zone's investment environment. The zone's strategic location, which connects three continents, combined with its integration with Salalah Port and Salalah Airport, reinforces its status as a leading industrial and logistics centre that supports Oman Vision 2040. Dr. Ali Mohammed Tabuk, CEO of the Salalah Free Zone, affirmed that these achievements reflect the success of the strategy to attract value-added projects that contribute to national economic diversification and sustainable development. He explained that the zone offers a comprehensive investment environment that includes advanced infrastructure and sophisticated logistical solutions. It also provides multiple competitive incentives, such as streamlined procedures, tax reductions, and continuous logistical support, which enhances the zone's appeal to local and international investors and reflects its commitment to supporting the national economic vision in line with the aspirations of Oman Vision 2040.
Bloomberg
11-06-2025
- Business
- Bloomberg
Rare-Earth Startups Eye Slice of $1 Billion Bounty From Brazil
Mineral explorers hoping to tap into surging demand for rare earths are vying for a slice of nearly $1 billion in Brazilian funding to help make their projects a reality in a nation with the biggest reserves after China. Brazil is set to unveil on Thursday a shortlist of strategic minerals projects eligible for financial support from its development bank BNDES and government funding agency Finep. The state-owned entities have spent weeks sifting through 124 pitches for initiatives totaling $15 billion, including many by firms seeking to churn out rare earths used in magnets, batteries and high-tech gear.
