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Gulf Press > Business > First project valued at OMR2 million launched in the Al Mudhaibi Industrial City
Business

First project valued at OMR2 million launched in the Al Mudhaibi Industrial City

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Last updated: 2024/11/04 at 2:56 PM
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The Mudhaibi Industrial City, which is managed by the Public Establishment for Industrial Estates (Madayn), has recently signed its first investment contract with Desert Sand Mobile Trading. This investment will see the establishment of a manufacturing unit for liquefied and compressed gases used in medical and construction activities. The project is valued at approximately OMR2 million and will occupy an area of 16,000 sqm. Construction is scheduled to begin at the start of the next year, in conjunction with the recently announced tender for the development of Al Mudhaibi Industrial City.

The first phase of the development of Al Mudhaibi Industrial City will cover approximately 2.5 million sqm and will include essential services such as road, water and sewage networks, lighting, security fencing, and a surveillance system. In addition, Madayn Entrepreneurial Complex will establish several ready-made industrial units, each covering an area of 500 sqm. The development will also include the Facility Building, Masar Service Centre, and other facilities required for the smooth operation of businesses in the industrial city.

The signing of this investment contract marks an important milestone for the development of Mudhaibi Industrial City and highlights the growing interest in investing in manufacturing units for liquefied and compressed gases used in various industries. The project not only contributes to the industrial growth of the region but also provides opportunities for local businesses to expand and thrive. The development of Al Mudhaibi Industrial City is expected to create a conducive environment for businesses to operate efficiently and contribute to the economic development of the region.

The establishment of the manufacturing unit for liquefied and compressed gases in Mudhaibi Industrial City is a significant step towards enhancing the industrial capabilities of the region. The project’s value of OMR 2 million reflects the commitment of investors to the development of the industrial sector in Oman. The presence of key services such as road, water, and sewage networks, as well as security and surveillance systems, will create a safe and secure environment for businesses to operate in Mudhaibi Industrial City.

As construction commences on the manufacturing unit for liquefied and compressed gases, it is essential to ensure that the project adheres to the highest standards of safety and quality. The investment in this project underscores the confidence of investors in the potential of Mudhaibi Industrial City as a hub for industrial activities. With the development of key infrastructure and facilities, the industrial city is poised to attract more investments and create new opportunities for local businesses to thrive.

In conclusion, the signing of the investment contract with Desert Sand Mobile Trading for the establishment of a manufacturing unit in Mudhaibi Industrial City marks a significant development in the industrial sector of Oman. The project’s value, the provision of essential services, and the planned development of key facilities highlight the commitment of Madayn to create a conducive environment for industrial growth. The construction of the manufacturing unit is expected to commence soon, signaling the beginning of a new era of industrial development in Mudhaibi Industrial City.

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News Room November 4, 2024
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