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The Free Zone in Salalah has signed a usufruct agreement with Mugan Petrochemicals to establish a factory for the production of ammonium sulfate fertilizer, with an investment exceeding 11 million Omani riyals (approximately 29 million USD). The project aims to boost the agricultural sector and meet the global demand for fertilizers. It is expected to contribute to diversifying the Omani economy and increasing non-oil exports through the Port of Salalah and the advanced infrastructure. Additionally, the project will support the objectives of the Sultanate of Oman Vision 2040 by creating employment opportunities and promoting the participation of small and medium-sized enterprises in supply chains.
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