Madayn promotes investment opportunities in Samayil Industrial City
Published: 03:03 PM,Mar 17,2024 | EDITED : 07:03 PM,Mar 17,2024
Madayn promotes investment opportunities in Samayil Industrial City
MUSCAT: The Public Establishment for Industrial Estates (Madayn), the entity overseeing industrial cities in the Sultanate of Oman, has recently announced promising investment opportunities in Samayil Industrial City. Last year, the industrial city witnessed the successful localisation of 24 new projects, increasing the total to 157 projects, with an overall investment exceeding RO 155 million. These projects cover an area exceeding 2.2 million square metres within the industrial city's total area, which surpasses 11 million square metres.
One of the standout investment opportunities in Samayil Industrial City is within the dairy and fruits juice products manufacturing sector. A recent expansion project saw a significant increase in the manufacturing capabilities, with a 5,000 square metres area allocated for production. With a cost of RO 1.796 million, this expansion highlights the potential for growth within the food processing industry in the region.
Another notable investment opportunity lies within the dolomite calcination unit, which boasts a sprawling 20,000 square metres area with a cost of RO 11.593 million. This unit signifies the growing demand for mineral processing and production within Samayil Industrial City, showcasing the city's potential as a key player in the minerals industry.
Furthermore, the date processing and packaging unit offers another attractive investment opportunity, with a 5,000 square metres area and a cost of RO 2.103 million. As dates are a staple in Omani cuisine and culture, this unit presents a promising venture for investors looking to tap into the local market and beyond.
In addition to these opportunities, the breakfast cereal manufacturing unit, with a 3,000 square metres area and a cost of RO 736,000, demonstrates the diverse range of industries thriving within Samayil Industrial City. This unit caters to the growing demand for breakfast cereals in Oman and the wider region, highlighting the city's potential for expansion in the food production sector.
Other investment opportunities include sectors in: water leakage prevention solutions, copper bars and sheets manufacturing, gypsum production, electrical conductors manufacturing, glossy ceramics production, HVAC equipment manufacturing, electrical switch manufacturing, marble product manufacturing, and prefabricated building production.
With a competitive rental rate of RO 1 per square metre on an annual basis, coupled with the availability of pre-feasibility studies, Samayil Industrial City offers a conducive environment for businesses to thrive and grow. The strategic location of the city, combined with the support and incentives provided by Madayn, makes it an ideal destination for local and international investors looking to capitalise on the burgeoning opportunities in Oman's industrial landscape.
One of the standout investment opportunities in Samayil Industrial City is within the dairy and fruits juice products manufacturing sector. A recent expansion project saw a significant increase in the manufacturing capabilities, with a 5,000 square metres area allocated for production. With a cost of RO 1.796 million, this expansion highlights the potential for growth within the food processing industry in the region.
Another notable investment opportunity lies within the dolomite calcination unit, which boasts a sprawling 20,000 square metres area with a cost of RO 11.593 million. This unit signifies the growing demand for mineral processing and production within Samayil Industrial City, showcasing the city's potential as a key player in the minerals industry.
Furthermore, the date processing and packaging unit offers another attractive investment opportunity, with a 5,000 square metres area and a cost of RO 2.103 million. As dates are a staple in Omani cuisine and culture, this unit presents a promising venture for investors looking to tap into the local market and beyond.
In addition to these opportunities, the breakfast cereal manufacturing unit, with a 3,000 square metres area and a cost of RO 736,000, demonstrates the diverse range of industries thriving within Samayil Industrial City. This unit caters to the growing demand for breakfast cereals in Oman and the wider region, highlighting the city's potential for expansion in the food production sector.
Other investment opportunities include sectors in: water leakage prevention solutions, copper bars and sheets manufacturing, gypsum production, electrical conductors manufacturing, glossy ceramics production, HVAC equipment manufacturing, electrical switch manufacturing, marble product manufacturing, and prefabricated building production.
With a competitive rental rate of RO 1 per square metre on an annual basis, coupled with the availability of pre-feasibility studies, Samayil Industrial City offers a conducive environment for businesses to thrive and grow. The strategic location of the city, combined with the support and incentives provided by Madayn, makes it an ideal destination for local and international investors looking to capitalise on the burgeoning opportunities in Oman's industrial landscape.