Sunday 18 April 2021

Oman's Madayn sees commercial tower completion in 2022

DUBAI, March 6, 2021

Oman's Public Establishment for Industrial Estates (Madayn) said work is in progress at its Facility Building coming up within the Al Mazunah Free Zone. 
Valued at more than RO3 million ($7.7 million), the project will boast office space, exhibition space and commercial stores. 
The construction of the project has commenced lately, and while the ground and first floors have been completed, work is underway on the second floor, said the company officials at Al Mazunah Free Zone Committee meeting held this year.
The meeting, held under the chairmanship of Madayn CEO Hilal bin Hamad Al Hasani, reviewed several topics related to the ongoing projects that are being implemented by Madayn including the Facility Building, which is expected to be completed by mid-2022. 
The meeting also highlighted the major indicators and commercial movement witnessed by Al Mazunah Free Zone since the beginning of the current year. 
In January, the volume of goods in the free zone touched 35,481 tonnes, and the number of vehicles entering the free zone amounted to 962, said Al Hasani.
The free zone has also signed investment agreements with six companies, and an area of 6,569 sq m have been leased by the investors and businessmen, he added.


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