Muscat: Corporate Parks held an inauguration ceremony on the completion of its Phase 1 building in Sohar Freezone. The ribbon-cutting ceremony took place on March 13, 2019 at the ground floor of the Phase 1 building.
The event was held in the presence M.D. Saini, Managing Director of Shapoorji Pallonji Middle East, Varinder Arora, Senior Vice President of Oman Shapoorji Company, Kumar Mahadevan, Managing Director of Oman Shapoorji Company and the Corporate Parks team. Also in attendance at the event was Mark Geilenkirchen, CEO of Sohar Port and Freezone and other Sohar Freezone team members.
The new Phase 1 building is the first of the four office buildings planned by Corporate Parks in Sohar Freezone. The temporary office building, Phase T, houses 32 offices that are completely rented out. The Phase 1 building is a ground plus four-storey structure, which can accommodate over 200 offices; 100 of which has already been leased out. The primary customer base comprises of General Trading License (GTL) customers.
The Phase 1 building provides several amenities to customers, such as a central reception, conference rooms, male and female prayer room, male and female toilets, integrated IT/telecom coverage, pantry, cleaning and maintenance. Also in the pipeline are additional facilities like a cafeteria, restaurant, bank ATM and CDM, and Sanad services to add to customer convenience. The total number of offices upon completion of all four phases is forecasted to be over 800.
Commenting on the new project, Mark said, “Sohar Freezone has witnessed immense growth over the past decade and we are continuously developing it to create more investment opportunities. As a fully integrated complex, we seek to provide our customers with the opportunity to benefit from both the Port and the Freezone, since they are located in close proximity to one another."
"With the inauguration of the new building, it will amplify trade inflow as well as potential business, which in turn will further enhance the overall growth and development at Sohar Freezone,” he added.
Corporate Parks is a freezone establishment incorporated within Sohar premises and is the sole provider of unfurnished leasable office space in the area. The company’s primary activities include renting and operating of leased commercial real estate, within its designated premises at the Sohar Freezone.
Oman Shapoorji Company (OSCO) is one of the oldest ventures of Shapoorji Pallonji Group in Middle East. OSCO was set up in 1975 to participate in the nation’s economic renaissance and contribute to the burgeoning construction activity. Since its inception, OSCO has constructed some of the finest landmarks across the Sultanate of Oman and has been serving as a trusted construction and facility management partner of the region for over four decades.