Oman and Saudi Arabia explore economic synergy in key industrial zones

Muscat: His Excellency Sheikh Dr. Ali bin Masoud Al Sunaidi, Chairman of the Public Authority for Special Economic Zones and Free Zones (OPAZ), hosted His Excellency Eng. Khalil bin Salamah, Deputy Minister of Industry and Mineral Resources for Industry Affairs of Saudi Arabia, at OPAZ headquarters in Muscat Governorate.

The high-level meeting focused on strengthening economic cooperation in special economic and industrial zones. Discussions included leveraging production chains and raw materials in factories within the economic zones of both nations.
Key projects were also spotlighted, such as the Al Dhahirah Integrated Economic Zone and its dry port. OPAZ announced the launch of the infrastructure tender for the project, with 12 coalitions of Omani and Saudi companies already purchasing tender documents. Facilitating the transit of industrial products through the Rub Al Khali port emerged as a significant focus.
His Excellency Ibrahim bin Saad bin Bishan, Ambassador of Saudi Arabia to Oman, and senior officials from both countries attended the meeting, underscoring the commitment to deepening bilateral ties and fostering regional economic growth.