MUSCAT: Raysut Industrial City, managed by the Public Establishment for Industrial Estates (Madayn), continues to attract investors due to its favourable investment environment, incentives, and supportive facilities. Its strategic location near Salalah Port and Airport further enhances its appeal.
Eng. Abdul Qader bin Salem al Balushi, Director General of Raysut Industrial City, revealed that the city is actively working with relevant authorities to secure additional expansions aimed at attracting more investments. A significant project to improve infrastructure services is set to launch before the year's end, costing up to RO 3 million. This project includes enhancing water and sewage services and rehabilitating existing infrastructure.
In the first half of 2024, Raysut Industrial City attracted 8 new investment projects, totalling over RO 43 million, raising the overall investment volume to more than RO 500 million. The city's industries cover various sectors, including food, pharmaceuticals, oil and gas, plastics, furniture, cement, and gypsum products.
Regarding Omanisation, Eng Al Balushi stated that out of over 3,000 workers in the city's companies and factories, 38 per cent are Omanis. Efforts to increase job opportunities involve cooperation with the ‘Industrial Innovation Academy’ and the General Directorate of Labour in Dhofar Governorate through training and direct employment initiatives.
A specialised training programme in industrial innovation, targeting 30 participants with creative ideas in Dhofar Governorate's food and beverage sector, will launch this month. This initiative is supported by private sector companies and the Industrial Innovation Academy.
Hamed bin Ali Bait Saeed, Director of Investor Services at Raysut Industrial City, highlighted that the city hosts approximately 195 projects spanning industrial, service, and commercial domains. It is a key hub for food and pharmaceutical industries and is poised for further expansion, with occupancy rates at 98 per cent.
The city's strategic location near the Port of Salalah provides a competitive edge, enabling companies to target markets in the Horn of Africa, India, and Yemen, which will likely attract more future projects and investments.
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