Al-Mazyunah Free Zone Explained

Almazunah Free Zone
Size:290px
Type:Free Economic Zone
Key People:Mohammad Rafeet, Said Al Mashani, Hilal AL Hsany
Location:Sultanate of Oman
Abbreviation:MFZ

Al-Mazyunah Free Zone (Arabic : المنطقة الحرة بالمزيونة) is a free zone established in 1999 in Oman as a trade zone, Dhofar region in Walayat Al-Mazyunah. It is located in the south western of Oman in the border to Yemen.[1] [2] By the Royal Decree 103/2005 it was given all the characteristics of a Free Zone and its management assigned to the Public Establishment for Industrial Estates - Madayn, the main government arm responsible for developing and managing prime industrial lands in Oman. Many Exemptions and facilities are offered for businesses operating in the free zone. Almazunah Free Zone occupies area around 4.5 million square meters.[3] In 2010 a long-term investment agreement has been entered between the Public Establishment for Industrial Estates and Golden Hala Company to develop and operate an area of 3 million square meters.[4] [5]

External links

Notes and References

  1. http://www.muscatdaily.com/Archive/Oman/Industry-in-Oman-Moving-forward-2145 See Article from MuscatDaily
  2. Book: The Report: Oman 2010. 2010. Oxford Business Group. 153. 9781907065132.
  3. http://www.oxfordbusinessgroup.com/news/local-participation-free-zones-increase-pace-development-and-create-jobs Oxford Business Group Reports
  4. https://archive.today/20131227184310/http://www.theweek.co.om/disCon.aspx?Cval=3347 The Week article about the Agreement
  5. https://archive.today/20140827161931/http://www.english.globalarabnetwork.com/201003315360/Economics/oman-kuwait-based-contracting-company-signs-investment-agreement-in-mazyona-free-zone.html daily article about the agreement