Khazaen getting a new industrial complex: Oman’s Khazaen Economic City has inked an agreement with Omani-Chinese investment firm Muscat Changming to establish a fully integrated Chinese industrial complex, according to a statement. The complex will reportedly see the investment firm inject OMR 200 mn (c. USD 519 mn) investment in the complex, Oman Observer reports. Construction is slated to begin in 2Q 2025.

Boosting key industries: The project — which covers 160 sqm — will provide comprehensive services, including warehouses as storage and distribution centers as well as house packaging areas, Oman Observer reports. It will also feature modern facilities, including production lines and workshops designed to serve firms across different industries.

A prime hub: Khazen Economic City is connected to Al Batinah Expressway — in addition to its Khazaen Dry Port (KDP) — and is close to Muscat International Airport and Omani seaports, including the key logistics and trade hub Sohar Port.

Latest investments in Khazaen: Oman’s Transport Ministry recently inaugurated a new road connecting Khazaen with Al Batinah Expressway. KDP also secured an agreement back in August with DHL to provide less-than-container-load services at the port’s container freight station. The economic city also saw OMR 459.2 in investments during 1H 2024.

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