SOHAR Port and
Freezone has signed an agreement with China’s United Projects Achievement (FZC)
LLC for the lease of 25000 sqm of land at the Freezone on which a new Cloud
Data Centre is to be constructed. The data centre will include a
multi-functional server room combined with artificial intelligence, big data, and
cloud computing. Anticipated to be in operation towards the end of 2022, Cloud
Data Centre will be the first investment project of information technology at SOHAR
Freezone.
“This agreement represents
a major milestone for us in line with our plans to make SOHAR Freezone a frontrunner
in innovation and a smart, technologically advanced ecosystem. It is the second
Chinese land-lease investment project at the Freezone, as we continue to
promote its enormous potential as a hub for Chinese investment. A diverse
number of industries, projects and countries have chosen to bring their
business to SOHAR Freezone, and we are confident that China’s United Projects
Achievement facility will help attract future investments, particularly in IT, diversifying
our income sources with wide-ranging economic benefits for Oman,” said Omar Al
Mahrizi, Chief Executive Officer of SOHAR Freezone.
YU XIAO, CEO of
China’s United Projects Achievement added, “As the world’s fastest growing Port
and Freezone complex and offering a strategic location at the heart of global
trade routes, there are significant advantages for us to invest. The new data
centre will enable us to replicate our achievements in our home market, serve
the increasing demand for affordable and secure cloud computing, and add
further impetus to the country’s economic diversification plans. This
partnership is reaffirming our success as we remain as China’s the top 10 when
it comes to cloud computing platforms.”
Presenting a
wealth of benefits to investors, SOHAR Freezone offers an abundance of land
available for new construction as well as allowing investors to lease
warehouses and commercial offices. With competitive rates starting from one to
three years, companies can register for a SOHAR Freezone GTL electronically
from anywhere in the world and secure all required permits through the on-site
one-stop shop. Investors also enjoy zero per cent personal
income tax, zero per cent import and re-export duties and a corporate tax
holiday of up to 25 years.
For
more information about the opportunities and advantages available at SOHAR Port
and Freezone, please visit soharportandfreezone.com
-End-