SFZ to attract African investment

MUSCAT: In the wake of the success of the free zone in Salalah in establishing a business center in the Asian markets and activate its operations those markets through its representative office which has been recently opened, SFZ is endeavoring to attract value-added investments from the African markets and employ all the gains made by the Sultanate through its excellent and friendly relations with the African countries.

In this context, the Deputy-CEO for Commercial Affairs at Salalah Free Zone, Ali bin Mohammed Tabouk, met with the Ambassador of the Republic of South Africa to the Sultanate, Chris Pepani, to discuss plans to visit the Republic of South Africa in order to meet investors and companies operating in the food-related and re-export trade industries, and held meetings to discuss the possibilities of cooperation with the organizations linked to free zones and the logistical facilities associated therewith, such as ports and related investment companies.

The two parties agreed to organise a visit to South Africa next June in order to let the investors in the target sectors know about the investment opportunities in the Sultanate and the incentives and benefits offered to them by Salalah Free Zone. The visit program will include major cities and industrial centers, most notably Cape Town, Johannesburg and Durban.

SOURCE: OMAN DAILY OBSERVER

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