Madayn launches project at Samail Industrial City: Oman’s Public Establishment for Industrial Estates (Madayn) has inaugurated a project to build infrastructure for Samail Industrial City with an investment of over OMR 35 mn (c. USD 90 mn), according to a statement published on Thursday. The project — which prioritizes manufacturing industries — aims to boost Oman’s industrial capacity and is in line with Oman Vision 2040 to diversify its economy, the statement said.

What we know: The project — which covers 753 hectares — involves two phases, the first covering 548 hectares and the second 205 hectares, ONA reported last week. The industrial city includes a 16k sqm facility building, which will offer 12k sqm of leasable space to provide facilities for employees. Situated 60k southwest of Muscat, Samail Industrial City is an extension of Rusayl Industrial City, which is almost at full capacity with investment projects, Oman Observer reported last week.

Madayn has been busy: Madayn issued a tender for the establishment of Al Mudhaibi Industrial City in North Al Sharqiyah governorate back in October. It also inked an agreement back in April with Al Munasiq customs services company to improve added value for investors in Madayn industrial cities by adding 11 new customs services in industrial cities. It also launched two RO 9.5 mn projects at Al Mazunah freezone and completed OMR 5 mn of construction work on Nizwa Industrial City in 2023.

IN OTHER OMAN NEWS- Oman greenlights new project at Sohar Industrial City: Oman’s Public Establishment For Industrial Estates (Madayn) has inked an OMR 1.2 mn agreement with building material manufacturer Saveto Group’s Vetonit for a project at Sohar Industrial City, covering 11.2k sqm, according to a statement released on Thursday. No other details or a timeline for the project have been revealed.

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