Oman's Madayn launches two projects at Al Mazunah Free Zone
MUSCAT, December 24, 2023
Oman's Public Establishment for Industrial Estates (Madayn) has inaugurated of the Al Mazunah Free Zone Development project (Phase 1 "Package 2", and Phases 2 and 3) and the Facility Building project.
These milestones reflect Madayn’s ongoing commitment to enhancing infrastructure and positioning Al Mazunah Free Zone as a vital economic centre in alignment with Oman Vision 2040.
The opening ceremony was held under the auspices of Ahmed bin Hassan Al Dheeb, Deputy Chairman of the Public Authority for Special Economic Zones and Free Zones, in the presence a senior officials.
Speaking at the event, Said Zabnoot, Director of Investor Services at Al Mazunah Free Zone, said that Madayn has completed the implementation of Al Mazunah Free Zone development project (Phase 1 "Package 2", and Phases 2 and 3). The project covers a total area of 1.5 million sqm, with a total cost reaching RO 6 million.
"The developed area of the free zone now spans 3 million sqm out of a total area exceeding 15 million sqm. The developed lands are ready for investment and equipped with basic services," he stated.
The project includes the development of a 15.5-km road network, along with a 20.1-km sewage drainage system equipped with inspection rooms and interconnected to a 600-cu-m collection tank. Additionally, water supply networks will be set up in addition to fire extinguishing systems spanning 13.6 km.
Also water tanks (1,200 cu m - underground) and 700 cu m (above-ground) will be built. The project also incorporates the installation of street lighting with electrical connections for 402 columns, and the construction of a building dedicated to truck driver rest facilities.
Zabnoot pointed out that this project underscores Madayn’s dedication to realising the strategic vision of transforming the free zone into a thriving free economic zone, thereby bolstering its regional competitiveness in attracting global investments.
Madayn is committed to forging collaborative ties with the private sector to foster infrastructure and superstructure development, complemented by a range of exemptions and facilities, and establish a solid foundation for cooperation efforts with both official bodies and businesses at local and regional levels.
"Additionally, Madayn undertakes significant efforts to streamline the investment process and procedures at the free zone through Masar Service Centre and Eddah System," he added.
-TradeArabia News Service
