Sohar Freezone, RFX sign development pact
01 May 2019
Sohar Port and Freezone together with RFX Industrial Parks have recently signed a development agreement involving 58 hectares within the Sohar Freezone, a media report said.
This collaboration will see the development of turnkey, bespoke new built-to-lease logistics and light industrial units for tenants requiring modern accommodation within Sohar Freezone, reported Oman News Agency (ONA).
Mark Geilenkirchen, CEO of Sohar Port and Freezone, said: “With several potential investments in the pipeline, Sohar is committed towards providing tenants with the best high quality services to ensure an unmatched business experience. Our partnership with RFX will see the creation of new and innovative methods to further support existing tenants, as well as encouraging newer ones to set up at the port and freezone.”
The entire development will comprise up to 290,000 sq m of leasable space, which will offer various logistics size formats, including box and flex-log while also providing an easy solution of moving to larger units as tenant businesses expand.
Phase One, which is due to commence construction in July 2019, will cover 10,000 sq m of leasable area and be available for occupancy by the end of the year.
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