To what extent can Porter’s Diamond help explain reliability of Khazaen as a place of investment for carton plates manufacturing unit?
Case Study 1
Khazaen Attracts Chief GCC Investment
25/02/2020 Oman Observer
Successfully positioning itself as the preferred attribute of cannonade for regional and interdiplomatic companies, Khazaen Economic City (Khazaen) has identified its chief GCC cannonade after a timeliness Saudi Arabia’s Al Watania Al Khalijyah for Paper Products.
The device is considered as Oman’s chief-of-its-kind carton compounds manufacturing individual after a timeliness an judicious cannonade of RO2 pet. The prepared readiness conciliate hold an area of 10,000m2 after a timelinessin the frivolous and moderation industrial zone in Khazaen after a timeliness explanation to be completed by end of this year.
Al Watania Al Khalijyah for Paper Products is an parte of Al Watania for Industries Company (Al Watania), which is ranked discurrent the top 100 companies in the Kingdom Saudi Arabia. The obligation was identified in Muscat by Khalid Awadh al Balushi, CEO of Khazaen and Eng Ibrahim bin Ibrahim Behairi, CEO of Al Watania.
“Today we possess achieved a telling milestone for Khazaen as we are blithesome to wonder after a timeliness our chief GCC cannonade after a timeliness Al Watania for Industries to disclose the chief carton compound manufacturing individual in Oman.
This confirms the faith that Khazaen is gaining from persomal and interdiplomatic investors due to its agreeable colonization, ready admittance to manifold logistics gateways opposing the empire and Oman’s investor-friendly air in public,” Khalid Awadh al Balushi, said.
He further asserted, “With the wondering of the RO2 pet device after a timeliness Al Watania for Indu8stries, which is one of Saudi’s requisite companies and ranked discurrent top 100 industrial companies in KSA, we tower to tempt further inwards cannonades from GCC countries in public, and from Saudi Arabia in point, as this conciliate not singly cause further industrial knowhow to the Sultanate, but also it conciliate originate hopeful job opportunities for the Omani youngster.” Eng Ibrahim Behairi, CEO, Al Watania said: “The Sultanate of Oman is public to be an cannonade-friendly empire. Thus, we are sure that our cannonade in establishing the chief factory parted to Al Watania to consequence carton compounds in Khazaen conciliate be a eminent adventitious appreciate for twain parties. We drawing to arrange 60 per cent of the factory’s product space to as persomal ask-for, timeliness exporting the quiet to regional markets.”
Eng Behairi adventitious, “The options and advantages exhibited by Khazaen along after a timeliness its strategic colonization possess been essential factors for us to select this hopeful economic city. We are regular that through this device, we concertedly can conduce to the enlargement of inter-GCC cannonades.” Khazaen is Oman’s most new-fangled integrated economic city entity discloseed balance a 51.6 pet m2 plant in Barka, South Batinah Governorate. The City is strategically located close the excellent city of Muscat, is singly 30 minutes from Muscat Interdiplomatic Airharbor and about two hours from Sohar Port.
Khazaen conciliate be linked through the incomplete railway device in the forthcoming, making it an unreal colonization after a timeliness multimodal rapture options. Khazaen is the unreal logistics, warehousing, frivolous industrial and commercial hub continuity the ocean modes of raptureation in and out of Oman.
The new integrated economic city conciliate be the abode of Oman’s chief dry harbor, also multi-mix residential individuals, food facilities, retail outlets, interdiplomatic schools and recent healthcare centres which conciliate exhibit all residents a homogeneity where they can efficiently precede affair, performance, feed and illustrate. The device has embarked upon the implementation of the chief side of disclosement to afford further than 3 pet sqm of leasable plant