Fertiliser producer invests OMR2.2mn in Sohar Freezone

  • Date: 31-Aug-2022
  • Source: Times of Oman
  • Sector:Real Estate
  • Country:Oman
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Fertiliser producer invests OMR2.2mn in Sohar Freezone

Muscat: Sohar Freezone has signed a land lease agreement with Integrated Solutions Plant and Land Services (FZC) for 15,000 sqm within the freezone to establish a liquid fertiliser plant.

The project represents an investment of OMR 2.2 million and it includes the potential for future expansion which would see the plant produce ammonium sulphate to strengthen Oman’s export sector, especially in Pakistan and Tanzania.

Omar bin Mahmood Al Mahrizi, CEO of Sohar Freezone, Deputy CEO of Sohar Port, said, “The addition of a new liquid fertiliser plant, in partnership with Integrated Solutions Plant and Land Services (FZC), enhances Sohar's ability to serve the local, regional, and global markets with high-quality agents for industrial production. Sohar can offer companies in all sectors a world-class integrated logistics and industrial hub with direct shipping to key markets and broadening our tenant profile to Egypt for the first time is a key step in our ongoing expansion.”

Hussein Amin, Partner at Integrated Solutions Plant and Land Services (FZC) LLC, added, “We are delighted to establish a presence at Sohar with the 15,000 sqm space within Sohar Freezone, which will help us expand operations and reach new clients in developing markets. Integrated Solutions Plant and Land Services is