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Madayn
Launches Tender for Phase 1 of Al Suwaiq Industrial City
Muscat,
21 Oct (ONA) — The Public Establishment for Industrial Estates “Madayn” has
officially launched the tender for the implementation of infrastructure and utilities
in Phase 1 of Al Suwaiq Industrial City in North Al Batinah Governorate.
This
phase will cover the development of a 5-million-sqm area, comprising the
construction of internal roads, water, electricity and sewage networks, as well
as other essential services and utilities. The tender also includes the
establishment of greenhouses to apply modern agri-tech solutions, with the
objective of supporting food security and promoting agricultural investments
and related supporting industries.
Hamood
Al Balushi, Assistant Director General of Al Suwaiq Industrial City, stated
that the city is receiving notable investor interest even while still in its
infrastructure development preparation stage. “Al Suwaiq Industrial City has
received more than 12 investment applications across various sectors during the
first half of 2025,” Al Balushi informed, adding: “Of these applications, two investment
contracts have already been signed: the first for a project specialising in
producing polyethylene terephthalate (PET) from recycled plastics, covering an
area of 2,394 sqm with an investment exceeding USD 360,000; and the second contract
for a project specialising in refining industrial oils, occupying an area of 4,500
sqm with an investment of USD 600,000.”
Al
Balushi added that the management of Al Suwaiq Industrial City is reviewing the
remaining investment applications for areas ranging from 2,394 sqm to 100,000
sqm. The applications cover diverse sectors including marble, bitumen and
derivatives, starch and related products, interlock, pipe manufacturing, electricity
substation components, soft drinks and beverages, oilfield drilling tools, eco-friendly
gypsum bricks, and logistics warehouses.
He
also pointed out that Madayn offers exceptional incentives to investors in Al
Suwaiq Industrial City, including a 100% rental exemption for two years,
followed by a 50% rent reduction for the next three years. These incentives aim
to position the city as an attractive destination for local and international
investments, given its modern infrastructure and streamlined government
services provided by Madayn.
Madayn
has also conducted studies to identify investment opportunities aligned with the
economic diversification strategy and Oman Vision 2040. Al Suwaiq Industrial
City targets quality investments in key sectors, including petrochemicals, food
sector, modern agriculture, energy and supporting technologies, recycling and
environmental industries, light and medium industries, pharmaceuticals,
technology and innovation, heavy industries, and logistics.
Al
Suwaiq Industrial City represents a strategic addition to Oman’s network of
industrial cities, offering major investment opportunities, competitive
incentives, and advanced infrastructure. These features will play a fundamental
role in generating direct and indirect job opportunities for the nationals,
empowering entrepreneurs to launch innovative projects, and boosting Oman’s non-oil
revenue.
The
industrial city also aims to play a key role in reducing geographic disparities
in investment distribution, as North Al Batinah Governorate is a strategically
vital region in terms of logistics and human resources. Securing essential
infrastructure and supporting services, including electricity, water, roads and
telecom networks, is crucial to ensuring sustainable industrial and
agricultural growth in Al Suwaiq Industrial City, and hence creating a stable
and integrated investment environment that supports economic diversification
and achieves the objectives of Oman Vision 2040.
—
Ends/Khalid