Development of Steel Fabrication Unit in SOHAR Freezone
SOHAR Port and Freezone have signed a land lease agreement with SCME Projects Pvt Ltd (FZC) LLC, to establish a Steel Fabrication Unit within SOHAR Freezone. This agreement is geared towards fostering seamless integration in the mining sector`s business ecosystem and providing comprehensive industrial services like project development to operational support and mechanical maintenance of FAP within SOHAR Freezone, effectively reducing construction costs.
With a total investment of USD 1,3 million and total area of 5000 sqm, the investment from SCME Projects Pvt Ltd (FZC) LLC highlights the attractiveness of SOHAR Freezone for foreign investors, setting the stage for future foreign direct investment in the region.
Mr. Barjesh Kumar Singh, Authorized Manager of SCME Projects Pvt Ltd (FZC) LLC, said, "We are excited about this partnership with SOHAR Freezone and the promising opportunities it offers to investors. By leveraging the strategic advantages provided by SOHAR Freezone and its continued growth. Our comprehensive service platform will offer businesses a streamlined approach to accessing essential services, ultimately enabling them to focus on their core operations and maximize productivity."
"This signing with SCME Projects Pvt Ltd (FZC) LLC signifies our unwavering commitment to driving economic development and fostering a self-sustaining industrial ecosystem." said Haitham Al Omairi, Business Development Manager of SOHAR Port and Freezone. "This agreement will significantly enhance our value proposition in establishing a dynamic ecosystem, facilitating the provision of specialized technical services to both current and prospective clients, thereby optimizing operational cost-effectiveness and maximizing mutual growth opportunities."
Embracing SCME Projects Pvt Ltd (FZC) LLC and their Steel Fabrication Unit represents a significant stride in SOHAR Freezone`s mission to foster economic development, enhance business efficiency, and create a self-sustaining industrial ecosystem. This agreement positions SOHAR Freezone as a thriving global hub for trade and industry, where innovation, growth, and operational excellence consolidate.