Raysut Industrial City has signed an investment pact with Sahari Qatbeet Trading and Transport Company to set up a factory for industrial salt production with an Omani-Emirati partnership.
The investment process took only a two-hour time of electronic investment procedures related to examining the industrial land, signing the lease contract, and completing payments. With a total investment value touching OMR 1M, the project will operate on an area of 12,248 sqm.
Eng. Ali Al Maashani, Acting Director-General of Raysut Industrial City, explained that investors can submit investment applications and complete the procedures electronically through Masar Service Centre.
Al Maashani elaborated that the investment activity in Raysut Industrial City is seeing constant growth as there are currently 207 operating projects, which have been localised on 97% of the leasable area. During 2020 and 2021, Raysut Industrial City was able to attract 40 projects.