Omantribune
Oman Tribune
Omantribune
Omantribune Search News
Web Oman
    Google Search Button
      Tribune
- Oman
- Soccer World Cup
- Other Top Stories
- Middle East
- Business
- Sports
- India
- Pakistan
- Asia
- Europe
- Americas
- Columnists
- Editorial
- Oman Mirror
- Special Features
- Cinema
- PDF Pages
- Weather
- Travel
- Currency Rate
- Hospitals
- Pharmacies
- Services
- Flight Timings
- Museum Timings
Omantribune Home Omantribune About Us Omantribune Advertising Information Omantribune Archives Omantribune Subscribe-Form Omantribune Jobs Omantribune Contact Us
Monday, March 02, 2015  

Sohar Free Zone Phase-I work under way
Mustafa Al Maamari

MUSCAT The operating agency of the Sohar Free Zone has completed most of the infrastructure work related to preparation of land, roads, lighting and other essential logistic services in the first phase.

There are 12 projects worth total cost of 80 million rials, while 15 other projects are under study, a source told Oman Tribune.

The completion of the projects will place the free zone among the fastest growing free zones in terms of attracting financial investment and economic yield making it a vital free zone outside the Strait of Hormuz. It will link the markets of the neighbouring countries through roads networks, direct shipping lines and railways in future.

Gulf and foreign investors have come to invest in Sohar Free Zone in sectors such as iron and steel, aluminum, petrochemicals and other logistics activities.

There is also demand for setting up projects in ferrochrome industry because of the availability of chromium raw material in the Sultanate, the source said. The total area of the first phase of the free zone project is 5 million square metres and the total area of the free zone is 45 million square metres, he added.

Oman Tribune
NEWS UPDATES
Oman
Stranded fliers had tough time
Seminar discusses Ninth Five-Year Plan, analyses promising sectors
CMA awards in focus at forum
ROP investigators discuss economic offence cases
Marcel Khalife new composition set to be premiered at Rohm
Malayalam writer Meera receives literary award
Other Top Stories
PDP-BJP government takes charge in Kashmir
Saleh conspired with Iran to ‘undermine GCC deal’
24-hour ordeal for AI Express fliers
Thousands march to show solidarity with Nemtsov
Nuclear talks enter crucial stage, says Iran
India
Delhi to throw rope to black money holders
Venkaiah urges opposition to support land act amendment
Another temple damaged in Seattle
Country follows US, UK and Singapore with tough black money laws
‘Fireball’ sighted in Kerala again
Wealthy seniors to feel pain of tax pinch most
‘Wolf labs’ to help save endangered animal
Mufti becomes Kashmir CM again
Gold deposit scheme can fetch Rs1t, says SBI
Two camps in AAP, leadership faces trust deficit: Internal Lokpal
Sami applies for citizenship again
Create ‘Cloud Lockers’, PM tells IT industry
Pakistan
ISI officer in sex abuse video loses top post
KP non-Muslim students could learn Ethics instead of Islamiat
Country ranks third in Global Slavery Index
KP militants’ determination to kill and get killed leaves cops worried
Security men among 10 held over jailbreak
Friend confesses to murdering model
Middle East
S. Sudan militia accused of kidnapping hundreds of boys
Netanyahu visit puts US-Israel ties to test
Emwazi’s relatives under lens in Kuwait
Egypt poll panel to redraft election law
UAE woman to face trial for killing US teacher in mall
Iran not opposed to US Internet giants
Asia
Bangladeshis pay homage to murdered blogger
Tajikistan goes to polls as president’s party set to win
Aquino treats detained rivals callously, says vice-president
Activist monk fed up with graft seeks to shake up Thai Buddhism
Philippine lawmaker’s son hurt in shooting
Hu aide ousted from top panel
Chiang statue vandalised in Taiwan
Business
Opec oil output dips on weak Iraq supply
Technical glitch delays trading on bourse
Standard Chartered cuts 2015 Brent price forecast by $9
BankDhofar gets nod for raising capital
Lack of major reforms in India budget disappoints experts
NRI industrialists give thumbs up to Jaitley’s budget
India sees $7b revenue from telecom players
India oil firms raise jet fuel prices by 8.2%
Mannai looks to take over two foreign firms
Factory activity in China shrinks on weak demand
Jain frontrunner to succeed Buffett
Sports
EFG Bank Monaco crowned champions
Dortmund score past Schalke
Misbah, Riaz inject life into Pakistan
India’s fielding catches the eye
Starc raring to have a go at Afghanistan
Charles in place of Bravo for West Indies
India can’t play any more against UAE to help them: Dhoni
Thirimanne, Sangakkara hammer England
‘Sangakkara is No. 1 batsman’
SA’s Birrell feels Ireland have come a long way
De Villiers backs Holder to lead
Thirimanne coming of age at right time
McCullum to be fit for Afghans
‘Terrific’ Gayle as good as Richards: Lloyd
Liverpool dent City’s League title hopes
Americas
Venezuela holds Americans on spying charge
Mother’s death ‘could have triggered’ Missouri rampage
Osama ‘nod was sought’ for attacks in Europe
Truck mows down protester at roadblock in Brazil
US cult leader held in Brazil over sex abuse
Jeb won’t sign no-tax pledges
Walker wins support despite verbal stumbles

Sports


International

© 2013 Oman Tribune. All rights reserved. Best viewed in 800 X 600 resolution