Business

Investments in Nizwa, Samayil industrial cities total RO 600m

New boost: Dedicated investment complexes planned at industrial parks

 
The Public Establishment for Industrial Estates (Madayn) has unveiled opportunities for investment in a series of new dedicated complexes planned in various industrial cities operated around the Sultanate of Oman.

According to Eng Samar al Hosni, Director of Planning and Geographical Systems at Madayn, investment opportunities available in Madayn Investment Complexes in Sur, Samayil, Suhar and Al Buraimi Industrial Cities. In Sur Industrial City, investment opportunities are offered in food investment complexes on an area of 42,000 sqm, and multiple industries investment complexes on an area of 41,000 sqm.

Samayil Industrial City offers investment opportunities in food investment complexes (53,000 sqm), multiple industries investment complexes (22,000 sqm), and logistics investment complexes (61,000 sqm). Suhar Industrial City has investment complexes for food (60,000 sqm), multiple industries (60,000 sqm), and plastic industries (50,000 sqm). Al Buraimi Industrial City also offers investment opportunities linked to food (27,000 sqm) and multiple industries (32,000 sqm).

The announcement came during a seminar entitled “Nizwa Industrial City: Reality and Prospects” held on Wednesday under the auspices of Shaikh Hilal bin Said al Hajri, Governor of Al Dakhiliyah. Held as part of Madayn’s Oman Manufacturing Group (OMG) series of events, the seminar highlighted current investment opportunities in Nizwa Industrial City.

Speaking at the seminar, Ahmed al Hajri, Director General of Nizwa Industrial City, said total investment in Al Dakhiliyah Governorate has touched approximately RO 900 million. Of this total, RO 600 million worth of investments have flowed into Nizwa and Samayil Industrial Cities. The number of localised projects in these two industrial cities has reached nearly 300, which employ around 6,647 workers.

According to Mariya al Zadjali, Director of Strategic Planning and Corporate Performance Assessment at Madayn, the Madayn Vision 2040 aims to create world-class business cities while maintaining the Omani identity. The vision revolves around promoting comprehensive and sustainable economic and social development through strengthening Public-Private Partnership, developing and operating business cities with integrated services, keeping pace with the variables and adopting best solutions and technologies to meet business requirements while conforming to the environmental standards.