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.
Oman’s Public Establishment for Industrial Estates (Madayn) has attracted more than RO272 million ($705 million) in investments into the food sector across its industrial cities, said a senior official, highlighting the growing role of food manufacturing in Oman’s diversification strategy.
