Business

189 promising investment prospects across Oman’s economic zones

OPAZ’s latest newsletter, Duqm Economist.
 
OPAZ’s latest newsletter, Duqm Economist.

MUSCAT: The Public Authority for Special Economic Zones and Free Zones (OPAZ) has published the 44th issue of Duqm Economist, featuring a collection of economic files, reports and surveys highlighting the latest developments in investment and development across the special economic zones, free zones and industrial cities in the Sultanate of Oman.
The issue features a special report on 189 promising investment opportunities offered by the special economic zones, free zones and industrial cities in the sectors of industry, logistics, renewable energy, mining, tourism, food industries and advanced technologies.
It also includes a report addressing the question, “Why Choose the Special Economic Zone at Duqm for Investment?”, outlining the zone’s competitive advantages, including its strategic location, advanced infrastructure, investment incentives and integrated logistics ecosystem supporting a wide range of economic activities.
The issue also covers the latest investment projects, led by the signing of 10 investment agreements and memoranda of cooperation in the Special Economic Zone at Duqm, with a total investment value of RO 2.9 billion, in addition to new investment agreements across the economic zones and free zones exceeding RO 200 million, covering projects in manufacturing industries, energy, electric vehicles, chemicals, steel, pipes and pharmaceutical products.
It also reviews a Korean project for the production of electric vehicles and battery cells in Duqm, the Royal Decree establishing the Artificial Intelligence Special Zone in Muscat Governorate and its role in advancing the digital economy and attracting technology investments, as well as a report on the Oman International Financial Centre, which represents a major step toward strengthening the national economy and attracting investment.
Khazaen Economic City and investment opportunities within Food City, where investments have reached RO 181 million, are also highlighted in the report.
In addition, the issue features a report on the industrial cities operated by Madayn, highlighting that the total number of projects has reached 2,493 investment contracts distributed across 12 industrial cities in the Sultanate of Oman, reflecting the continued growth of the industrial sector and its contribution to economic diversification and the attraction of local and foreign investment.
The issue also features an interview with Dr Abdullah bin Ali al Amri, Chairman of the Environment Authority, in which he reviewed the issuance of 8,882 environmental permits for projects in the special economic zones, free zones and industrial cities during 2025, in addition to environmental monitoring mechanisms and coordination with operating entities to strengthen environmental compliance and achieve a balance between economic development and environmental protection.
The issue further includes specialised surveys and reports, including one on investment opportunities in the pharmaceutical industry, another highlighting Thamrait Industrial City as a promising logistics and industrial gateway, and a report on the Zone Service Platform, presented as an integrated digital gateway for investment opportunities and services provided to investors. It also showcases the success story of the Omani brand Oman Luxury and Vale’s experience in the mining industry.