The Sohar Port and Freezone in Oman has signed a lease deal with China’s United Projects Achievement for a new Cloud Data Centre to be constructed on 25,000 square meters of land in the Freezone.
The data center will include a multi-functional server room combined with artificial intelligence, big data, and cloud computing. The Cloud Data Centre, which is expected to open by the end of 2022, will be SOHAR Freezone’s first information technology investment project.
SOHAR Freezone offers a plethora of benefits to investors, including 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 General Trade License (GTL) electronically from anywhere in the world and secure all required permits through the on-site one-stop shop. Investors also enjoy zero percent personal income tax, zero percent import and re-export duties and a corporate tax holiday of up to 25 years.
Omar Mahmood Al Mahrizi CEO – 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.”
Mr. 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 center 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 in China’s top 10 when it comes to cloud computing platforms.”
