Al Mazunah Free Zone holds investors meet

Business Tuesday 19/March/2019 16:42 PM
By: Times News Service
Al Mazunah Free Zone holds investors meet

Muscat: The Quality Improvement Committee at Al Mazunah Free Zone, which is managed and operated by the Public Establishment for Industrial Estates (Madayn), held a meeting chaired by Said Al Balushi, Director General of Al Mazunah Free Zone and the committee’s chairman.
The meeting was held in the presence of the CEOs of the companies and factories investing in Al Mazunah Free Zone, in addition to the services’ providers.
The meeting highlighted the challenges faced by the investors at the current phase and the significance of providing more job opportunities for the Omani cadres. The committee also stressed the importance of giving opportunities for the small and medium enterprises and the Omani entrepreneurs.
Al Balushi reviewed the projects that are being implemented by Madayn, which include the development of phase two of Al Mazunah Free Zone that has touched 35 per cent of completion rate.
In addition to that, Al Balushi highlighted the proposal of establishing Facility Complex in the free zone, which aims at bringing together the services and facilities required by the investment operations under one platform. A brief was also delivered on the new expansion that Madayn has got in the free zone of a total area of approximately 11 million sqm.
It should be noted that this is the second meeting held by the committee, which was formed by Madayn to enhance the quality of services in the free zone, increase the level of performance through cooperation between the free zone’s management and investors, raise the added value of the free zone and its contribution to the national economy, and create more investment and job opportunities.