By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Gulf PressGulf Press
  • Home
  • Gulf News
  • Business
  • Technology
  • Lifestyle
  • Real Estate
  • Travel
  • Explained
  • Rankings
Search
Countries
More Topics
  • Explained
Site Links
  • Customize Interests
  • Bookmarks
  • Newsletter
  • Terms
  • Press Release
  • Advertise
  • Contact
© 2023 Gulf Press. All Rights Reserved.
Reading: Sur Industrial City attracts total investments of OMR2.3 billion
Share
Notification Show More
Latest News
Kerno Showcases UAE-Built Sovereign Compute Platform at MIITE 2026
Technology
Kron Technologies Strengthens Its Global Position in Cybersecurity
Technology
Infinite IT Solutions Receives Pre-Approval as Accredited Service Provider for UAE E-Invoicing Mandate
Technology
Rising Global Uncertainty Drives Investors Toward Rare Diamonds
Business
VR Point Launches the First 4D Full-Body VR Experience in the UAE
Technology
Aa
Gulf PressGulf Press
Aa
  • Gulf News
  • Real Estate
  • Business
  • Explained
  • Lifestyle
  • Travel
Search
  • Home
  • Gulf News
  • Business
  • Technology
  • Lifestyle
  • Real Estate
  • Travel
  • Explained
  • Rankings
Have an existing account? Sign In
Follow US
  • Terms
  • Press Release
  • Advertise
  • Contact
© 2023 Gulf Press. All Rights Reserved.
Home » Sur Industrial City attracts total investments of OMR2.3 billion
Gulf News

Sur Industrial City attracts total investments of OMR2.3 billion

News Room
Last updated: 2024/11/09 at 8:07 PM
News Room
Share
4 Min Read
SHARE

Sur Industrial City, under the supervision of the Public Authority for Industrial Estate (Madayn), has made significant progress in attracting new projects during the first half of the year. These projects span across various sectors including industrial, commercial, service, residential, and academic. The total number of projects localized in Sur Industrial City has now reached 113 with a cumulative investment volume of OMR2.3 billion. Currently, there are 2,737 employees working in these projects with an Omanisation rate of 55%. The total area of Sur Industrial City covers a massive 36 million square metres.

According to Nasser bin Hamoud Al Mabsali, Director General of Sur Industrial City, Madayn is actively working on the implementation of several key projects within the industrial city. One of the major projects includes the construction of a wastewater treatment plant with a capacity of 500 cubic meters per day. The completion of this project has reached 82% and it is expected to be operational by the beginning of the next year. Another significant project is the Omifco Innovation and Entrepreneurship Centre, for which the design phase has been completed and preparations are underway to float the tender documents for contracting companies.

In addition to these projects, Madayn is also focusing on the rehabilitation of the security fence surrounding Sur Industrial City. The project is currently at 98% completion and is expected to be finished by the end of the current year. Furthermore, there are plans to establish additional projects in Sur Industrial City, such as the consultancy services for the development of infrastructure for ships to anchor at the coast of the industrial city. The award for the consultancy services for this project is anticipated to be announced at the beginning of the next year.

The continuous growth and development of Sur Industrial City signify the efforts and commitment of Madayn towards enhancing the industrial sector in Oman. The attraction of new projects and investments demonstrates the city’s potential as a hub for various industries. With a high Omanisation percentage and a substantial number of employees, Sur Industrial City contributes significantly to the local economy and job creation. The completion of vital projects such as the wastewater treatment plant and the innovation center further solidify the city’s position as a key industrial area in the region.

As Sur Industrial City continues to expand and welcome new projects, it is poised to become a thriving industrial hub that drives economic growth and innovation. The focus on infrastructure development and security measures highlights Madayn’s commitment to creating a conducive environment for businesses to operate and flourish within the city. With additional projects in the pipeline, Sur Industrial City is set to attract more investments and opportunities, further contributing to the overall economic development of Oman. By fostering a diverse range of projects across different sectors, Sur Industrial City is well-positioned to continue its growth trajectory and play a vital role in Oman’s industrial landscape.

Sign Up For Daily Newsletter

Be keep up! Get the latest breaking news delivered straight to your inbox.
I have read and agree to the terms & conditions
By signing up, you agree to our Terms of Use and acknowledge the data practices in our Privacy Policy. You may unsubscribe at any time.
News Room November 9, 2024
Share this Article
Facebook Twitter Copy Link Print
Previous Article Proposal for Increasing Night and On-Call Workers’ Pay by 10%
Next Article Canadian Dollar drops in value, struggling to bounce back after disappointing jobs data.
Leave a comment Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Stay Connected

235.3k Followers Like
69.1k Followers Follow
56.4k Followers Follow
136k Subscribers Subscribe
- Advertisement -
Ad imageAd image

Latest News

Kerno Showcases UAE-Built Sovereign Compute Platform at MIITE 2026
Technology May 4, 2026
Kron Technologies Strengthens Its Global Position in Cybersecurity
Technology May 4, 2026
Infinite IT Solutions Receives Pre-Approval as Accredited Service Provider for UAE E-Invoicing Mandate
Technology April 29, 2026
Rising Global Uncertainty Drives Investors Toward Rare Diamonds
Business April 23, 2026

You Might also Like

Gulf News

HM the Sultan accepts credentials of ambassadors

February 10, 2026
Gulf News

Acting President of Venezuela receives credentials of Qatar’s Ambassador

February 10, 2026
Gulf News

Deputy Prime Minister participates in the National Sport Day activities at Al Bidda Park

February 10, 2026
Gulf News

OHA launches book on Oman’s History, Military Heritage

February 9, 2026
Gulf News

Qatar experiencing gradual rise in temperatures: QMD

February 9, 2026
Gulf News

Sharjah Asset Management launches Fahes medical fitness centre

February 9, 2026
Gulf News

Al Wakra intersection to be closed temporarily for two days

February 9, 2026
Gulf News

Qatar participates in 3rd edition of World Defence Show in Riyadh

February 9, 2026
//

Gulf Press is your one-stop website for the latest news and updates about Arabian Gulf and the world, follow us now to get the news that matters to you.

Quick Link

  • Privacy Policy
  • Terms of ue
  • Advertise
  • Contact

How Topics

  • Gulf News
  • International
  • Business
  • Lifestyle

Sign Up for Our Newsletter

Subscribe to our newsletter to get our latest news instantly!

I have read and agree to the terms & conditions
Gulf PressGulf Press
Follow US

© 2023 Gulf Press. All Rights Reserved.

Join Us!

Subscribe to our newsletter and never miss our latest news, podcasts etc..

I have read and agree to the terms & conditions
Zero spam, Unsubscribe at any time.

Removed from reading list

Undo
Welcome Back!

Sign in to your account

Lost your password?