For Free Headlines Submit Your Email
Wednesday, October 1, 2025 7:26 GMT
Al Mudhaibi Industrial City, under the umbrella of the Public Establishment for Industrial Estates (Madayn), received five investment applications during the first half of 2025. Four of these projects, with a combined value of over RO1mn, have been allocated plots covering more than 14,000 sqm.This brings the total number of investment contracts in Al Mudhaibi Industrial City to 12, with a cumulative investment value of RO11.6mn and a total leased area of 75,000 sqm. The projects span industrial activities in the oil and gas, food, construction, electrical materials, and home furniture sectors.Eng Said bin Khalfan al Shabibi, Acting Director General of Al Mudhaibi Industrial City, said that the implementation of the industrial city’s infrastructure project is expected to begin within the next two months.“The tender has already been awarded, and work is underway to complete the contract-signing procedures,” Shabibi said. “The project includes the construction of internal roads, utility networks (electricity, water, internet, and sewage), fencing and main gates, facility buildings, employee offices, and Madayn’s Entrepreneurial and Agricultural Complexes.”Shabibi added that Al Mudhaibi Industrial City is one of the newest industrial cities under Madayn, being developed over a total area of 9mn sqm, with Phase 1 covering more than 1.3mn sqm. Strategically located near the main road connecting the Special Economic Zone at Duqm with the sultanate’s key ports and border crossings, the city represents a national and strategic project in North Sharqiyah Governorate. Its development aligns with Madayn Vision 2040, which aims to create world-class business cities in partnership with the private sector, in line with the objectives of Oman Vision 2040.Shabibi also highlighted several competitive advantages for investors in Al Mudhaibi Industrial City, including a 100% rental exemption for two years, followed by a 50% reduction for the next three years. He emphasised the strategic partnership between the industrial city’s management and the North Sharqiyah Governorate office, which includes a joint committee comprising all relevant government and service bodies to enhance investment opportunities and address challenges throughout the investment journey.