Oman - صحار فريزون
SOHAR Freezone, an integral part of the SOHAR Port and Freezone in the Sultanate of Oman, is managed by the SOHAR Industrial Port Company (SIPC), a joint venture between the Port of Rotterdam and the Sultanate of Oman.
Spanning over 4,500 hectares, the SOHAR Freezone, in conjunction with the Port, has attracted global investments exceeding US$27 billion. This remarkable growth has led to an abundance of available space, with the first phase of the Freezone almost fully leased out, three years ahead of schedule. Currently, 26 companies are reaping the benefits of unparalleled access to land, low-cost energy, and a skilled workforce, making SOHAR Freezone an attractive destination for regional and international investors seeking an ideal Middle East hub for trade, commerce, and industry.
Leasing Options at Sohar Freezone
SOHAR Freezone offers leasing options for pre-built warehouses, commercial offices, and land for industrial, light manufacturing, logistics, and trading activities. The Freezone also provides a compelling value proposition, including 100% foreign ownership, 0% import or re-export duties, 0% personal income tax, and corporate tax holidays of up to 25 years. This business-friendly environment, coupled with Oman’s stable and conducive climate for business, has positioned SOHAR Freezone as a preferred destination for investors seeking a strategic foothold in the Middle East.
Licensing and Foreign Ownership at Sohar Freezone
SOHAR Freezone offers a range of licenses, including general trading, logistics, light manufacturing, industrial, and service provider licenses. Additionally, businesses operating within the Freezone can benefit from 100% foreign ownership and a corporate tax holiday of up to 25 years, contributing to a favorable and supportive business environment.
SOHAR Freezone stands as a thriving hub for business and investment, offering unparalleled opportunities for companies seeking to establish a strong presence in the Middle East. With its strategic location, business incentives, and unmatched growth, SOHAR Freezone continues to attract investors and contribute to the economic prosperity of the Sultanate of Oman.
Strategically positioned in the industrial port of Sohar, Oman, within a two-hour drive from Dubai, Jindal Shadeed Iron and Steel (JSIS) stands as the largest privately-owned integrated steel producer in the Persian Gulf region. With an annual steel production capacity of 2.4 million tons, JSIS has been the trusted supplier of high-quality long steel products since 2010, serving rapidly growing economies in Oman, the United Arab Emirates, and Saudi Arabia. Beyond the Gulf Cooperation Council, JSIS extends its reach globally, providing steel products to clients in Europe, the Far East, China, Canada, and Australia. JSIS prioritizes safety, care, and integrity, committing to a positive legacy in social, economic, and environmental aspects.
Vale Oman Pelletizing Company, on the other hand, plays a significant role in global mining operations. As the largest producer of iron ore, pellets, and nickel, Vale also engages in manganese, ferroalloys, copper, gold, silver, and cobalt operations. With a commitment to safety, environmental responsibility, and social engagement, Vale efficiently integrates mines, railways, ships, and ports to deliver ore worldwide. Their focus on continual process improvement aims for safer and more reliable operations, contributing to high-quality product delivery. Vale’s global presence encompasses operations, research laboratories, projects, and offices across five continents, fostering a positive social, economic, and environmental legacy worldwide.