Non-Oil GDP Share: 70.5% ▲ +9.5pp vs 2017 | QS Ranking — SQU: #334 ▲ ↑28 places | Fiscal Balance: +2.8% GDP ▲ 3rd surplus year | CPI Rank: 50th ▲ +20 places | Global Innovation Index: 69th ▲ +10 vs 2022 | Green H₂ Pipeline: $30B+ ▲ 2 new deals 2025 | Gross Public Debt: ~35% GDP ▲ ↓ from 44% | Digitalised Procedures: 2,680 ▲ of 2,869 target | Non-Oil GDP Share: 70.5% ▲ +9.5pp vs 2017 | QS Ranking — SQU: #334 ▲ ↑28 places | Fiscal Balance: +2.8% GDP ▲ 3rd surplus year | CPI Rank: 50th ▲ +20 places | Global Innovation Index: 69th ▲ +10 vs 2022 | Green H₂ Pipeline: $30B+ ▲ 2 new deals 2025 | Gross Public Debt: ~35% GDP ▲ ↓ from 44% | Digitalised Procedures: 2,680 ▲ of 2,869 target |

Sohar Free Zone — Investment Profile

Investment profile for Sohar Free Zone and Sohar Port — Oman's metals, petrochemicals, and logistics hub near the UAE border.

Market Overview

Sohar Free Zone is a purpose-built industrial free zone adjacent to Sohar Port, located 200 kilometres northwest of Muscat on the Al Batinah coast. The zone specialises in metals processing, petrochemicals, food processing, and logistics — sectors that leverage the port’s deep-water berths, established shipping connectivity, and proximity to the UAE border (approximately 200 kilometres from Dubai). Sohar Port and Free Zone is managed by a joint venture between the Omani government and the Port of Rotterdam, bringing world-class port management expertise and European operational standards to Omani industrial infrastructure.

The zone has attracted anchor tenants including Jindal Shadeed Iron and Steel (the GCC’s first integrated steel plant using direct reduction technology), Vale’s iron ore pelletising facility, and Sohar Aluminium (a joint venture between OQ, Abu Dhabi’s EGA, and others).

Opportunity Assessment

FactorAssessment
Location200 km from Muscat, 200 km from Dubai
Port capacityMultiple deep-water berths, container and bulk terminals
Key industriesMetals, petrochemicals, food processing, logistics
Anchor tenantsJindal Shadeed, Sohar Aluminium, Vale, Methanol Holdings
Tax incentives25-year tax holiday, customs exemptions, 100% foreign ownership
UtilitiesIndustrial-grade power, water, and gas supply infrastructure
ConnectivityRoad connection to Muscat and UAE; potential Etihad Rail link

Risk Factors

Competition with UAE free zones (particularly Jebel Ali and KIZAD) for logistics and industrial tenants remains intense, with the UAE offering a larger domestic market and more established service ecosystem. Sohar’s industrial focus on energy-intensive metals and chemicals exposes investors to global commodity price cycles and evolving carbon pricing regulations. The port’s container throughput, while growing, remains a fraction of Jebel Ali’s volumes, limiting the network effects available to logistics operators.

Entry Strategy

  • Target downstream metals processing and value-added manufacturing that leverages Sohar’s aluminium and steel anchor tenants
  • Evaluate food processing and cold chain logistics opportunities serving both the Omani domestic market and re-export to GCC neighbours
  • Consider Sohar as a lower-cost alternative to UAE industrial zones for price-sensitive manufacturing operations
  • Engage the Sohar Port and Free Zone Company for site selection, licensing, and infrastructure planning

Vision 2040 Alignment

Sohar is a key node in Vision 2040’s manufacturing and industrial diversification strategy. The zone’s metals complex contributes directly to manufacturing GDP targets, while the port’s logistics volumes support trade diversification objectives. The potential connection to the Etihad Rail national railway network would significantly enhance Sohar’s competitive positioning by providing intermodal connectivity to Muscat, Duqm, and the UAE border.