Oman's Public Establishment for Industrial Estates (Madayn) has announced that its Ibri Industrial City has secured RO25 million ($65 million) in investments during the first half through 17 agreements spanning over 250,000 sq m for projects in oil and gas, manufacturing and light industry.
Oman’s Public Establishment for Industrial Estates (Madayn) has unveiled an ambitious programme to implement 90 infrastructure projects across its industrial cities over the next five years, while advancing what is set to become the largest solar energy project within the Sultanate’s industrial zones as part of its updated Vision 2040 strategy.
Oman's Public Establishment for Industrial Estates (Madayn) is offering investors in Al Suwaiq Industrial City up to five years of rental incentives, including a two-year exemption from land rent followed by a 50 per cent discount for the next three years, as it seeks to attract businesses to one of the Sultanate's newest industrial hubs.
Oman's Public Establishment for Industrial Estates (Madayn) has announced that two new industrial projects will come up within Ibri Industrial City over a combined area of 60,000 sq m. With this addition, the total leased area in the industrial zone has now risen to around 250,000 sq m.
Oman's Public Establishment for Industrial Estates (Madayn) has signed three investment contracts to localise new industrial projects in the Polyethylene Terephthalate (PET) sector spanning recycled plastics, oil refining and polymer processing at its Al Suwaiq Industrial City.
Oman’s Public Establishment for Industrial Estates (Madayn) will invest RO245 million ($637 million) in infrastructure and development projects across its industrial cities between 2026 and 2030 as part of efforts to boost investment and economic diversification, said its top official.
Oman's Public Establishment for Industrial Estates (Madayn) has begun work on a multi-storey parking project featuring modern office and service spaces at the Knowledge Oasis Muscat (KOM). It is being developed by Oman National Engineering and Investment Company.
Suhar Industrial City, operating under the Public Establishment for Industrial Estates (Madayn), has signed an investment agreement with Silver Stone Company to establish an industrial complex within the city.
Oman's Public Establishment for Industrial Estates (Madayn) has announced that it has achieved remarkable growth across all performance indicators in the first half with its total cumulative investment volume surging to nearly RO7.8 billion ($20.2 billion), up 2% over last year.
Oman's Public Establishment for Industrial Estates (Madayn) has launched the tender for Phase I of Al Suwaiq Industrial City in Al Batinah North Governorate. It involves development of a 5-million-sq-m area with quality internal roads, utilities and sewage networks.