US EditionSohar freezone expansion targets $5bn investment
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Sohar freezone expansion targets $5bn investment
Oman’s Sohar Port and Freezone is seeking to draw in billions of dollars in additional investment, as the first phase of the project nears full occupancy, according to a media report. The expansion will increase annual throughput to more than 2.5 million tonnes, over $5 billion in investment and an addition of 500 hectares of leasable land, the Oman Daily Observer reported. Sponsors want to see 300 to 700 jobs created, while more than 85 percent…
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