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FINANCIAL NEWS
Oman’s Sohar freezone to benefit from its strategic location
17 Apr 2016
(MENAFN) Sohar freezone aims to conduct a study this year to assess the global market scenario and how to take advantage of the nation’s strategic location.
Moreover, the free zone is estimating cargo flows to device a marketing strategy for the coming expansion phases and chart-out a way forward.
Accordingly, the Sultanate is focusing on logistics, warehousing activities, consolidation and distribution of goods, and how to realize investments.
The free zone area has attracted USD 26bn worth investment recently, while the number of units is much bigger than the number of units in the port’s industrial area.
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