Khazaen Economic City to enhance national income: CEO

Khazaen Economic City to enhance national income: CEO

Muscat – Salim Sulaiman al Thuhli, CEO of Khazaen Economic City, has stated that the Royal Decree issued on establishment of the facility will significantly boost national income. Under the supervision of the Public Authority for Special Economic Zones and Free Zones, the city will encompass two free zones, serving as an integrated economic and free zone in Barka, South Batinah.

Spread over 52mn sqm, Khazaen Economic City is a global city strategically positioned on the Batinah Highway, connecting Greater Muscat with other governorates. It aims to attract investments in key sectors, including logistics, industrial, commercial, residential and strategic projects that promote service and business integration.

The city features several noteworthy projects, such as the Khazaen Land Port, Oman’s first land port connecting Khazaen with international markets, and the Central Khazaen Market for Vegetables and Fruits.

By supporting the Omani economy, diversifying income sources and creating an appealing economic hub for regional and global investments, the project aligns with Oman Vision 2040, Thuhli noted.

“It also fosters a balanced environment that integrates business, social and recreational activities, offering promising career opportunities for Omani youth and facilitating the growth of small and medium-sized enterprises.”

According to Thuhli, the key aspects outlined in the Royal Decree include