Expressing his appreciation and confidence on investing in Khazaen, Mr. Walid Mohammad Al-Mahthouri, CEO, Al-Rasam Al Shamilah, said, “Khazaen has the capability and capacity to host major projects, thanks to its incentives, strategic location and world-class infrastructure and facilities. Al Rasam Al Shamilah is active in the import, wholesale and retail sectors through its “Fen Al Tazieen Food catering Services” brand. The project will spread over 7,500 m2 to meet local and overseas market demand.”
Bader Saud Al-Maharbi, CEO, QAF International, stated, “Our decision to invest in Khazaen was linked to our operational growth. Our expansion plans necessitated a unit to package grains, spices, legumes and snacks, and Khazaen offered everything we were looking for. We are impressed by advantages and incentives Khazaen provides to investors, including exemption from administrative fees and reduced rents value for the first year of operation, which will undoubtedly enable us to save some operational costs upon project initiation and will contribute towards maximizing returns on investment in a shorter period. Moreover, Khazaen’s high-quality infrastructure is ready to serve needs of every investor.”
Among the major projects coming up in Khazaen are a plant by Wakud that will recycle waste cooking oil into biofuel; a state-of-the-art polythene packaging unit by KV Group International and Oman’s first carton plates manufacturing unit by Al Watania Al Khalijyah for Paper Products. These represents few names in Khazaen’s growing list of investors as it assesses currently other several applications submitted by local and foreign investors.