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Muscat invests USD500m in Sohar  Join our daily free Newsletter

MENAFN - 12/06/2014
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(MENAFN) Muscat has invested as much as USD500 million in developing 23 projects in Sohar Freezone, according to Arabian Business.

Total project occupancy in phase one, which extends over 500 hectares, reached 80 percent, said Jamal Aziz, CEO of Sohar Freezone.

Jamal Aziz said: "About 23 projects have been committed so far in the free zone. While some of them are operational, some are under construction and others are to begin construction."


Aziz said development on phase two had also started, with development initially extended over 200 hectares and then expanded to 500 hectares and beyond.

 
 


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