The Salalah Free Zone, an affiliate of Asyad Group, has signed two usufruct agreements were signed to the tune of OMR1.5 million ($3.9 million), official sources have said.
The projects will be set up in the Mazaya warehouses, added the sources.
The first agreement is on the establishment of a complex for the trade of plastic products, while the second agreement is on the establishment of a complex for the assembly of communications equipment on a space of 13.5 thousand square meters.
These agreements bring the space of leased warehouses in Salalah Free Zone to 83 percent of the total Mazaya warehouses, which extend to 58.5 thousand square meters.
The Salalah Free Zone in Oman is witnessing a rise in the number of projects in industrial and logistical fields.
This comes even as the free zone makes efforts to boost investments.
The Salalah Free Zone reportedly provides many economic incentives for investors, such as tax exemptions and full ownership of projects.
It is situated in a strategic position near Salalah Port and Salalah Airport.
