Muscat: The Public Establishment for Industrial Estates 'Madayn' celebrated on Sunday the inauguration of Phase One of Ibri Industrial City in the presence of Najeeb bin Ali al Rawas, Governor of Al Dhahirah.
Highlighting the significance of developing an industrial hub in Al Dhahirah Governorate, Al Rawas emphasized that this inauguration marks a strategic continuation of the Sultanate’s government goal to ensure balanced economic growth across its diverse governorates. “Aligned with the core objectives outlined in Oman Vision 2040, this project aims to present a dynamic and competitive investment landscape that appeals to both local and foreign investors.
The introduction of an industrial city in Al Dhahirah Governorate is poised to catalyze a significant qualitative leap in manufacturing industries and commercial activities, which will eventually play a role in generating job opportunities, encouraging exports and the establishment of export industries., while also stimulating economic sectors such as transportation and banking,” Al Rawas said.
“Al Dhahirah’s strategic location, bordering Saudi Arabia and the UAE, will further support international trade operations. Coupled with its proximity to important hubs like Sohar Port, Khazaen Economic City, and Nizwa Industrial City, as well as oil and gas concession areas and raw materials such as metals, marble, and copper, the governorate holds immense potential for sustainable economic growth.”
Salah Al Alawi, Director General of Ibri Industrial City, said, “The industrial city spans an extensive area of 10 million sqm, with Phase One completed at a cost of RO 9 million, covering 3 million sqm. The presence of a fully-equipped industrial city will serve as a pivotal factor in driving development and fostering an ideal environment for the private sector to engage in a diverse range of industrial, commercial, and service activities.”
Al Alawi spoke about incentives for investors.
This package exempts investors from rental value for a period of two years for all new projects, followed by a reduction in the rental value for a period of three years by 50 percent for contracts concluded during the period from 2021 to 2024. Additionally, all fees listed in the Investment Regulations were reduced by 50 percent for all projects.
“These incentives resulted in a notable increase in investor interest, with 10 projects now underway in Ibri Industrial City, boasting an initial investment totaling RO 6.5 million. Several of these projects have already commenced construction and development activities,” Al Alawi informed.
Phase One
Phase One includes the construction of roads, a truck parking zone, a water network and water tank, a firefighting network, sewage networks, and collection tank, dyke for protection against rainwater, and a security system with surveillance cameras.
Al Farsi elaborated on the completed phase featuring the construction of 17.8 km of road network, 2,335 sqm area of truck parking lots, and installation of 297 solar-powered road lighting poles. Moreover, a 24.7-km water network with five water pumps and a 1,680 cubic meter water tank was implemented.
The firefighting system includes three fire pumps, and 192 fire hydrants, with 24.7 km of firefighting networks. Additionally, sewage drainage networks covering 20.9 km and a 1,064 cubic meter capacity collection tank were executed. A 664-meter dyke for protection against rainwater, a 4.8-km security fence, and 172 surveillance cameras were also implemented.
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