The Board of Directors of the Public Authority for Special Economic Zones and Free Zones (Opaz) recently met to discuss various topics related to economic zones and industrial cities. The meeting, chaired by Sheikh Dr. Ali Masoud Al Sunaidy, reviewed executive procedures stemming from the Ministry of Economy’s study on creating integrated industrial clusters and connecting them with the Industrial Strategy. The Board also discussed the progress of the Khazaen Economic City project, highlighting its various development rates and implementation phases.
One of the key points of discussion during the meeting was the establishment of integrated industrial clusters, which would play a crucial role in connecting various industrial sectors with the larger Industrial Strategy. This move is seen as a way to further boost the economic growth and development of the region. The Board’s review of the executive procedures related to this study indicates a commitment to strategic planning and coordination in order to maximize the benefits of these industrial clusters.
The Khazaen Economic City project was also a focal point of the meeting, with the Board highlighting the progress rates and implementation phases of this ambitious development. The project aims to create a modern and efficient economic hub that will attract local and foreign investments, further boosting the region’s economic potential. By discussing the various aspects of this project, the Board demonstrates its commitment to overseeing and supporting initiatives that drive economic growth and development in the region.
In addition to these key topics, the Board also discussed a range of other issues related to economic zones, free zones, and industrial cities under Opaz’s jurisdiction. These discussions likely included updates on ongoing projects, potential challenges, and opportunities for growth in these areas. By addressing a wide range of topics, the Board shows its dedication to ensuring the success and sustainability of economic zones and industrial cities in the region.
Overall, the meeting of the Board of Directors of Opaz demonstrated a commitment to strategic planning, coordination, and oversight in order to further the economic growth and development of the region. By focusing on topics such as integrated industrial clusters, the Khazaen Economic City project, and other related issues, the Board is taking proactive steps to promote investment, innovation, and economic prosperity in the region. The discussions and decisions made during this meeting will likely have a significant impact on the future of economic zones and industrial cities under Opaz’s jurisdiction.
