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State Council in Oman pushes for bold reforms to transform Special Economic Zones

Oman State Council is moving to overhaul the country’s economic landscape by introducing a groundbreaking “Draft Law on Special Economic Zones and Free Zones,”

The issue was deliberated in-depth during its 5th session of the second regular sitting of the Eighth Term.

Chaired by Sheikh Abdulmalik Abdullah Al Khalili, the session focused on a series of reforms aimed at transforming Oman’s economic zones into hubs for strategic, high-impact investments.

At the heart of the proposed changes is a more flexible and streamlined framework for the Public Authority for Special Economic Zones and Free Zones, empowering it to manage the growth and expansion of these zones more effectively.

Zawya

https://www.zawya.com/en/economy/gcc/oman-state-council-pushes-for-bold-reforms-to-transform-special-economic-zones-l8pz86ze?utm_source=newsletter&utm_medium=email&utm_campaign=world_fzo_weekly_news_8_january_2025&utm_term=2025-02-26

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