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The Royal Decree No 105/2020 established OPAZ in August 2020. It oversees the Special Economic Zone at Duqm, the Al Mazunah Free Zone, the Salalah Free Zone, and the Sohar Free Zone. [1] The headquarter of OPAZ is located in Muscat. [2]
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.
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.
A free zone authority is a designated economic area governed by its own set of regulations, which differ from those applicable to businesses outside the zone. Companies operating within free zones are typically non-customer-facing businesses, such as those involved in import/export, online operations, and other business activities that do not ...
The establishment of designated freezones in the United Arab Emirates (UAE) traces its roots to the nation's strategic vision for economic diversification.In the late 20th century, recognizing the need to reduce reliance on oil revenue, the UAE embarked on a deliberate initiative to create economic zones that would attract foreign investment, promote international trade, and foster innovation.
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 ...
Land free zone: [31] Krapina–Zagorje Free Zone (in liquidation) Danube Free Zone of Vukovar; Free Zone of Kukuljanovo (inactive) Free Zone of Port of Rijeka – Škrljevo; Free Zone of Split–Dalmatia (in liquidation) Free Zone of Zagreb; Port free zone: [31] Free Zone of Port of Ploče; Free Zone of Port of Pula; Free Zone of Port of Rijeka
Port Sultan Qaboos (previously known as Mina Qaboos) [1] is the largest port in Muscat, Oman.Originally developed as part of a "Greater Muttrah" plan initiated by Qaboos bin Said al Said's predecessor, Said bin Taimur, the port’s construction was completed in the 1970s. [2]