MUSCAT: Sohar Port industrial area and its free zone have attracted $21 billion worth investment in the last one decade ever since industrial development started at the port, said a senior official of the port and free zone.
“So, you can imagine the rapid development and growth in this facility in Sohar. We took full advantage of the (strategic) location of Sohar, which is just outside the Strait of Hormuz. It is excellent for big ships, which can reduce their logistics costs,” said Jamal Aziz, deputy chief executive officer of Sohar Industrial Port Company (SPIC), while addressing a function to sign an EPC contract for building Oman’s first sugar refinery here on Sunday.
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Aziz, who is also the chief executive officer of Sohar Freezone, said Sohar has road connectivity to Saudi Arabia and the United Arab Emirates (UAE) and by the end of 2018, there will be a railway connectivity to the markets in the Gulf Cooperation Council region.
