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SOHAR Port and Freezone is a deep-sea port and adjacent free zone in the Middle East, located in Sohar, Sultanate of Oman, midway between Dubai and Muscat. [1] With current investments exceeding $26 billion, it is one of the world's fastest growing port and free zone developments [2] and lies at the centre of global trade routes between Europe and Asia.
1.10 Nigeria. 1.11 Tanzania. 1.12 Togo. 1.13 Tunisia. ... Aluminium Smelter Company Free Trade Zone; ... Sohar Free Zone, Sohar (www.soharportandfreezone.com) Pakistan
Asyad was established in 2016 and is headquartered in Muscat, Oman.Asyad operates logistics solutions via ports, free zones, and maritime assets in the Arabian Peninsula. [3] [4] Asyad Group has three deep ports, two free zones, an economic zone, a dry dock, and a dry port.
Snake Island Integrated Free Zone (SIIFZ) is a West African economic development area, established and operated by Nigerdock. [1] It is strategically located on 252 hectares of land [1] and infrastructure within the main harbour of Lagos, Nigeria and along the main navigation channel adjacent to Tin Can Island and Apapa ports, with immediate access to the open sea.
Terms include free port (porto Franco), free zone (zona franca), bonded area (US: foreign-trade zone), free economic zone, free-trade zone, export processing zone and maquiladora. Most commonly a free port is a special customs area or small customs territory with generally less strict customs regulations (or no customs duties or controls for ...
FTZ 32 was founded in 1979 and processes over $1 billion in goods with products from more than 65 countries and exported to more than 75 countries worldwide with speed and efficiency. According to the official order from the FTZB, FTZ 32 existing site 1, Miami Free Zone, will be classified as a magnet site. [23]
In January 2022, Itana acquired its first physical location - a 72,000 sqm plot in Alaro City, Lekki Free Zone, Lagos. The emerging city is expected to be home to 1,000 residents and 2,500 remote workers. [10] [11] In 2023, the company raised US$2 million in a pre-seed round from LocalGlobe, Amplo, Pronomos Capital, and Future Africa. [12] [13]
The Calabar Free Trade Zone, the first of these, was fully completed by 1999 and started operation after official commissioning in November 2001. The CFTZ is owned by the Federal government. [1] Lack of dredging in the Calabar River channel was also affecting the zone, forcing companies to rely on Port Harcourt or Lagos for import and export of ...