Authority's functions

 
  • Develop policies and strategic plans of Special Economic Zones and free zones.

  • Implement, follow up, and evaluate adopted policies and strategies.

  • Prepare studies, plans and programs relating to the competences of the Authority.

  • Oversee all special economic zones and free zones.

  • Make proposals for establishing special economic zones and free zones.

  • Organize and control investment environment.

  • Promote investment opportunities of Special Economic Zones and free zones inside and outside the Sultanate in coordination with the competent bodies.

  • Determine usufruct right of state owned lands without being bound to the provisions of Royal Decree No. 81/5 Regulating Usufruct of State Owned lands.

  • Implement the One Stop Shop system.

  • Issues all types of licenses, permits and certificates for conducting businesses.

  • Provide and develop the services, and establish necessary public facilities, with due consideration to the provisions of the laws and applicable systems regulating the services and facilities referred to.

  • Specify the economic activities and projects that can be conducted.

  • Approve forming companies in accordance with the laws in force for the purpose of developing and promoting, mange, develop, and improve their basic sectors.

  • Approve concession agreements prior to their conclusion.

  • Coordinate with competent bodies to ensure fulfilling the obligations arising from concession agreements.

  • Coordinate with competent bodies to provide security and emergency.

  • Determine Omanisation percentage that must be met.

  • Set the rules governing movement of goods and people from and to special economic zones and free zones.

  • Draft proposals of laws and royal decrees projects, issue regulations and decision relating to the competencies of the Authority.

  • Enhance and develop cooperation with other competent bodies in states, specialized regional & international organizations, and establishments.

  • Represent the Sultanate in conferences, events, regional & international meetings relating to the competences of the Authority.

  • Any other functions assigned to the Authority pursuant to royal laws and decrees.

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