In a significant move to expand its presence in the Middle East, DP World, a leading global provider of logistics and supply chain solutions, has partnered with the Public Authority for Special Economic Zones and Free Zones (OPAZ) to develop the Al Rawdah Special Economic Zone in Al Buraimi Governorate, Oman.
*Strategic Partnership*
The partnership leverages DP World’s expertise in developing and operating economic zones, including the Jebel Ali Free Zone in Dubai. With its extensive experience in managing free zones and logistics infrastructure, DP World is well-positioned to drive the growth and success of the Al Rawdah zone.
*Al Rawdah Special Economic Zone*
The Al Rawdah zone will cover 14 square kilometers in its first phase, with plans to expand to 25 square kilometers. The zone will focus on various economic activities, including manufacturing, logistics, and pharmaceuticals. This project is expected to attract foreign direct investment, create thousands of jobs, and contribute to the economic diversification efforts of Oman.
*DP World’s Expertise*
DP World’s involvement in the Al Rawdah project is a testament to its commitment to expanding its footprint in the region. With its global network and expertise in logistics and supply chain solutions, DP World will play a crucial role in developing the zone’s infrastructure and attracting businesses and investors.
*Economic Benefits*
The Al Rawdah Special Economic Zone is expected to have a significant impact on Oman’s economy, contributing to the country’s Vision 2040 and economic diversification efforts. The project will also create new opportunities for trade and investment, further solidifying the economic partnership between Oman and the UAE.
*Global Reach*
DP World’s partnership with OPAZ demonstrates its ability to drive economic growth and development in the region. With its global reach and expertise, DP World is well-positioned to attract international businesses and investors to the Al Rawdah zone, further enhancing Oman’s economic prospects.
As the Al Rawdah project moves forward, DP World’s expertise and commitment will play a vital role in shaping the zone’s success and contributing to the economic growth and development of Oman.
###Al Rawdah Special Economic Zone Set to Boost UAE-Oman Trade and Economic Growth*
A groundbreaking agreement has been signed to develop and operate the Al Rawdah Special Economic Zone in Al Buraimi Governorate, Oman. This strategic project is expected to significantly enhance economic cooperation between the UAE and Oman, building on the countries’ already strong trade relationship.
*Record Non-Oil Trade*
The UAE and Oman have seen a remarkable increase in non-oil trade, with a record AED56 billion in trade value recorded in 2024. This represents a 9.8% increase from the previous year, highlighting the growing importance of bilateral trade between the two nations.
*Al Rawdah Special Economic Zone*
The Al Rawdah zone will cover 14 square kilometers in its first phase, with plans to expand to 25 square kilometers. The zone will focus on various economic activities, including manufacturing, logistics, and pharmaceuticals. This project is expected to attract foreign direct investment, create thousands of jobs, and contribute to the economic diversification efforts of both countries.
*Contribution to Economic Vision*
The Al Rawdah project aligns with Oman’s Vision 2040 and the Dubai Economic Agenda D33, which aim to diversify economies and promote sustainable growth. By developing a world-class economic zone, Oman is positioning itself as an attractive destination for investment, while the UAE’s expertise in logistics and trade will play a crucial role in driving the project’s success.
*DP World’s Expertise*
DP World, a leading global provider of logistics and supply chain solutions, will develop the zone in partnership with the Public Authority for Special Economic Zones and Free Zones (OPAZ). DP World’s experience in developing and operating economic zones, including the Jebel Ali Free Zone in Dubai, will be instrumental in driving the project’s growth and success.
*Accelerating Trade and Investment*
The Al Rawdah Special Economic Zone is expected to accelerate trade between the UAE and Oman, further solidifying their economic partnership. With its strategic location and world-class infrastructure, the zone will attract businesses and investors from across the region, contributing to the economic growth and development of both countries.
As the Al Rawdah project moves forward, it is poised to play a significant role in shaping the economic future of the UAE and Oman, promoting sustainable growth, and fostering a stronger trade relationship between the two nations.
