MUSCAT : SOHAR Port and Freezone signed a land lease agreement with Elite Hazardous Waste Management Solution (FZC), to set-up a Hazardous Waste Treatment Plant in SOHAR Freezone. The agreement aims to enhance waste management practices in the region, while promoting sustainability and enhancing the circular economy cluster in SOHAR Port and Freezone.
With a total investment of $3.5 million, the plant-with an area of 10,000 sqm, designed to treat industrial waste, will ensure compliance with local and international regulations for a pollution-free environment. The plant’s produced end products will include heavy oil for utilization in slow-moving machines, as well as low-contamination carbon dust suitable for cement and road construction industries.
Commenting on this agreement, Shiv Sood, Co-Owner of Elite Hazardous Waste Management Solution (FZC) said, “Our agreement with SOHAR Freezone marks a significant milestone in our journey towards sustainable waste management. By harnessing our cutting-edge technology and sustainable practices, we are determined to contribute to the circular economy cluster and lead the way towards a greener future.”
Omar Al Mahrizi, CEO SOHAR Freezone, DCEO SOHAR Port said, “This constitutes a significant milestone that further strengthens SOHAR Freezone’s position as a premier destination for leading waste management solutions. By attracting Elite Hazardous Waste Management Solution (FZC) to establish their business in SOHAR Freezone, we are reinforcing our steadfast commitment to sustainable development and boosting our role in driving a more environmentally responsible future. This agreement further bolsters our dedication to resource efficiency and supports the circular economy principles outlined in Oman Vision 2040.”
With an initial production capacity of 40 tons per day, projected to increase to 80 tons per day within one year, the agreement signifies the strong commitment of Elite Hazardous Waste Management Solution (FZC) and SOHAR Freezone towards advancing waste management practices and fostering economic growth in the region.
For more information about SOHAR Port and Freezone, please visit soharportandfreezone.com.