Sohar Port and Freezone showcase pivotal role in economic opportunities as strategic partner at Sohar Investment Forum

Muscat: Sohar Port and Freezone participated as a strategic sponsor in the recently concluded Sohar Investment Forum took place on February 26-27, in line with its commitment to fostering trade and investment and understanding the pivotal role of Sohar Port and Freezone in this enterprise.

The forum marked a significant gathering of over 600 delegates, including ministers, undersecretaries, business leaders, and international investors, all converging to explore the multitude of investment opportunities within the Al Batinah governorate.

Aligning with Oman Vision 2040, the Sohar Investment Forum was designed to catalyse economic growth and diversification. Through a series of keynote addresses, panel discussions, and B2B meetings, participants engaged in deep discussions focused on the changing global economic landscape, new foreign investment laws, and Sohar's strategic role in attracting foreign direct investments.

Omar bin Mahmood Al Mahrizi, CEO of Sohar Freezone and DCEO Sohar Port, participated in the forum, engaging in a panel session titled 'Sohar Incentives and Opportunities’. The session explored how the integrated logistics hub supports government efforts to attract foreign investments, details on the comprehensive services offered to investors, and the strategic utilisation of international relations to market Oman.

He stated: "We are dedicated to fostering sustainable development through our active engagement of the Sohar Investment Forum, a premier international gathering in the Al Batinah North Governorate, orchestrated by the Oman Chamber of Commerce and Industry. The forum highlights the pivotal role of Sohar Port and Freezone as a magnet for investments, emphasising ongoing endeavours to incentivise and bolster support for investors. Our commitment reflects our steadfast pursuit of advancing the economic landscape and nurturing enduring growth, both locally and globally.”

The forum effectively highlighted Sohar’s strategic location, multimodal connectivity, and state-of-the-art infrastructure, further underscoring the Sohar area as a prime destination for global investors.