{"id":76933,"date":"2024-02-22T00:00:00","date_gmt":"2024-02-22T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/logistics\/2024\/02\/22\/omans-sfz-inks-five-investment-agreements-worth-usd-114-3-mn\/"},"modified":"2024-02-22T00:00:00","modified_gmt":"2024-02-22T00:00:00","slug":"omans-sfz-inks-five-investment-agreements-worth-usd-114-3-mn","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/logistics\/2024\/02\/22\/omans-sfz-inks-five-investment-agreements-worth-usd-114-3-mn\/","title":{"rendered":"Oman\u2019s SFZ inks five investment agreements worth USD 114.3 mn"},"content":{"rendered":"<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>SFZ gets busy with the pen: <\/strong>Oman\u2019s <a target=\"_blank\" href=\"https:\/\/www.sfzco.com\/about_us.html\" style=\"\" rel=\"noopener\">Salalah Freezone<\/a> (SFZ) has inked five investment agreements worth OMR 44 mn (USD 114.3 mn) companies from Oman, Kuwait, Iraq, Jordan, and Hong Kong, according to a <a target=\"_blank\" href=\"https:\/\/www.linkedin.com\/posts\/salalah-free-zone-co_cooperation-economicgrowth-activity-7165349255778365440-legW?utm_source=share&utm_medium=member_desktop\" style=\"\" rel=\"noopener\">statement<\/a>.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>A breakdown of the investments included:<\/strong><\/p>\n<ul>\n<li>Hong Kong\u2019s <a target=\"_blank\" href=\"http:\/\/www.greenstreamsolutions.com\/\" style=\"\" rel=\"noopener\">Green Stream Solutions Company<\/a> inked a OMR 247k agreement to import, repackage, and re-export potash fertilizers.<\/li>\n<li>Naseem Salalah Trading and Manufacturing Industries Company inked a OMR 38 mn agreement to launch a factory producing paper tissues in the zone.<\/li>\n<li><a target=\"_blank\" href=\"https:\/\/www.kegkuwait.com\/\" style=\"\" rel=\"noopener\">Kuwait Engineering Industries Company<\/a> inked a OMR 4.56 mn agreement to launch a factory manufacturing air conditioning units.<\/li>\n<li>Jordan\u2019s Tawfiq Medical Supplies Company inked a OMR 760k agreement to build a specialized factory for the production and packaging of blood sugar test strips. <\/li>\n<li>Omani firm Wadi Hawjar Company inked a OMR 247k agreement to build a specialized factory for the production and packaging of frankincense soaps, oils, and other products.<\/li>\n<\/ul>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>SFZ is seeing an investment boom:<\/strong> SFZ inaugurated three new plants last month with a total investment ticket of some OMR 23.4 mn, according to a Oman Public Authority for Special Economic Zones and Freezones (OPAZ) <a target=\"_blank\" href=\"https:\/\/opaz.gov.om\/en\/media-center\/news\/2024\/salalah-free-zone-hosts-omr-23-4-million-in-new-investments-and-export-oriented-businesses\" style=\"\" rel=\"noopener\">press release<\/a>. SFZ raked in OMR 728 mn in new investments last year, the statement added. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>Cumulative investments at SFZ were worth some OMR 4.5 bn by 2023\u2019s close<\/p>\n","protected":false},"author":1,"featured_media":76934,"comment_status":"","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[22],"tags":[39,160,142,21],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-76933","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-zones","tag-jordan","tag-kuwait","tag-oman","tag-zones","wpautop","entry"],"acf":{"mongo_id":"5eedb9db-8942-4955-9c77-28a2623fcda2","is_powered_by":false,"story_type":"1","photo_url":"https:\/\/ent.news\/2024\/2\/2131.jpg","photo_position":"above","homepage_title":"","full_issue_title":"Oman\u2019s SFZ inks five investment agreements worth USD 114.3 mn","related_issue":[76928],"teaser":"Cumulative investments at SFZ were worth some OMR 4.5 bn by 2023\u2019s close","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2024\/2\/.6911e3fc-72c2-41e1-a7ac-31c54939eae3.mp3"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - 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