FINANCIAL NEWS

Oman’s SFZ to invest USD15 b by 2028

10 Nov 2013

(MENAFN) Salalah Free Zone (SFZ), Oman’s first special economic zone development, plans to invest USD15 billion in industrial, commercial and logistics related projects over the following 15 years, according to Oman Observer.

The project’s first phase is expected to start this year and be completed in 2018, and aims to boost the aggregate investment up to USD5 billion compared to the current USD3.6 billion by the end of the first phase.

The area under construction will extend over an additional 6 square kilometers.

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