Investment in Sur Industrial City nears RO 2.3 billion
Published: 04:11 PM,Nov 09,2024 | EDITED : 08:11 PM,Nov 09,2024
The industrial zone spans a vast area of 36 million square metres.
SUR: Sur Industrial City, under the Public Establishment for Industrial Estates (Madayn), has shown remarkable growth by attracting five new projects in the first half of 2024. With this addition, the city now hosts 113 projects, encompassing industrial, commercial, service, residential and academic sectors. The total cumulative investment in Sur Industrial City has reached nearly RO 2.3 billion, with a workforce of 2,737 employees, maintaining an Omanisation rate of over 55%. The industrial zone spans a vast area of 36 million square metres.
Eng Nasser bin Hamoud al Mabsali, Director-General of Sur Industrial City, highlighted key ongoing developments in the city, particularly the construction of a sewage treatment plant with a daily capacity of 500 cubic metres. Currently 82% complete, the plant is expected to undergo inspection and begin operations early next year. Another significant project is the Omifco Innovation and Entrepreneurship Centre, which has completed its design phase and is preparing for contractor bids.
Al Mabsali also noted the near completion of the city’s security fence and green belt projects, both expected to conclude by the end of 2024. Furthermore, Madayn is focusing on upgrading infrastructure to support ship docking, having issued tenders for consulting services to design this initiative. The consultancy work is anticipated to be awarded early next year.
As part of its mission to support local businesses, Sur Industrial City has been organising subcontracting sessions to facilitate contracts between large companies and SMEs in Oman. This effort aims to create a dynamic, interconnected business ecosystem that fosters collaboration and economic growth within the Sultanate of Oman. — ONA
Eng Nasser bin Hamoud al Mabsali, Director-General of Sur Industrial City, highlighted key ongoing developments in the city, particularly the construction of a sewage treatment plant with a daily capacity of 500 cubic metres. Currently 82% complete, the plant is expected to undergo inspection and begin operations early next year. Another significant project is the Omifco Innovation and Entrepreneurship Centre, which has completed its design phase and is preparing for contractor bids.
Al Mabsali also noted the near completion of the city’s security fence and green belt projects, both expected to conclude by the end of 2024. Furthermore, Madayn is focusing on upgrading infrastructure to support ship docking, having issued tenders for consulting services to design this initiative. The consultancy work is anticipated to be awarded early next year.
As part of its mission to support local businesses, Sur Industrial City has been organising subcontracting sessions to facilitate contracts between large companies and SMEs in Oman. This effort aims to create a dynamic, interconnected business ecosystem that fosters collaboration and economic growth within the Sultanate of Oman. — ONA