The Public Authority for Special Economic Zones and Free Zones (OPAZ) is a governmental body in the Sultanate of Oman established in August 2020 by Royal Decree 105/2020. The headquarters are located in Muscat.
OPAZ oversees all Special Economic Zones (SEZs), Free Zones and Industrial Cities in Oman, including the Special Economic Zone at Duqm, Al Mazunah Free Zone, Salalah Free Zone, Sohar Free Zone, Madayn Industrial Estates, and Khazaen Economic City. The authority aims to boost economic diversification and attract foreign investment via streamlined procedures, incentives including tax exemptions and full foreign ownership, and strong infrastructure development. According to LinkedIn, OPAZ has 201-500 employees.
Recent Performance
As of April 2025, total investments in OPAZ zones reached RO 21 billion, with 2024 witnessing a 10% overall increase in investment across zones compared to 2023. The zones contributed 7.5% to Oman's GDP and employed around 78,000 workers by end of 2024.
Facts compiled by Executive Moves from publicly available news and press releases on 10 June 2026. Spotted an inaccuracy? Email us and we'll review within 1 business day.
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