MUSCAT — The Board of Directors of the Public Authority for Special Economic Zones and Free Zones (OPAZ) held its fourth meeting for 2025, chaired by Sheikh Dr Ali bin Masoud Al Sunaidy, Chairman of the Board.
The Board approved the Regulatory Framework for Al Wadi Al Kabir Industrial City, which is managed by the Public Establishment for Industrial Estates – Madayn. This is aimed at enhancing the service infrastructure and developing the services offered to investors and industrial projects. The Board approved amendments to the Regulatory Framework for Salalah Free Zone to make it more flexible and attractive to investors, thus contributing to the development of the economic sector in the region.
The Board also approved the Draft Executive Regulation for the Law of Special Economic Zones and Free Zones and its implementing decisions. This aims to update the regulatory and legal framework for the economic and free zones in line with economic developments and investment requirements. Furthermore, the Board approved the project for restructuring the subsidiaries of Oman Investment and Development Holding Company – Mubadrah for the years 2025-2027. The Board also adopted the organisational structure for the Special Economic Zone at Duqm (SEZAD).
(Source: ONA)
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