Sohar port and Freezone has executed a land lease agreement with Pharma Investment Group to establish a pharmaceutical and medical supplies manufacturing facility within Sohar Freezone.
Spanning 40,000 square meters, this US$20 million investment demonstrates SOHAR’s commitment to cultivating a dynamic investment ecosystem that transforms Omani trade through sustainable practices.
With construction anticipated to commence in 2027, the facility will be designed and constructed to meet the highest international standards, including Good Manufacturing Practice guidelines and specialized international certifications encompassing ISO 9001 and ISO 13485.
The project will feature sterile and non-sterile production lines, advanced Quality Control laboratories, and Research and Development units.
Additionally, the facility will incorporate a dedicated training center focused on developing national expertise in pharmaceutical manufacturing and quality management, alongside a comprehensive Research and Development Laboratory to drive innovation.
The project directly supports Oman Vision 2040 by fostering sustainable industrial growth and strengthening the nation’s healthcare sector through enhanced Local Content and economic diversification.
Dr. Toufik Houam, Chairman and CEO of IMGSA Group Algeria and Co-Founder of Pharma Investment Group, commented that beyond manufacturing, the focus encompasses building a holistic environment for research, innovation, and talent development aligned with international best practices, thereby strengthening Oman’s healthcare self-sufficiency and elevating regional pharmaceutical manufacturing standards.
Eng. Raid Al Rubaiey, CEO of SOHAR Freezone and Deputy CEO of SOHAR Port, stated the project will strengthen pharmaceutical supply chains locally and regionally, support the Sultanate’s efforts to achieve self-sufficiency and enhance national industrial capabilities, aligning with Oman Vision 2040 in driving economic diversification and expanding a sustainable industrial base.
This investment will strengthen Oman’s industrial landscape by attracting high-value pharmaceutical industries and reinforcing Sohar port and Freezone’s position as a key gateway connecting regional industries to global markets.
