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Nizwa Industrial City receives over OMR 369 million in investments

TAS News Service
September 27, 2020 7:35 am

MUSCAT: Eng. Saleh bin Salman Al Abri, Director General of Nizwa Industrial City has informed that the total investment volume of the industrial city has exceeded OMR 369 million during the first half of 2020, marking a growth rate of 1.13% compared to the same period in 2019.

The number of workforce in the industrial city has reached 6,100 and the total area of the industrial city has surpassed 3 million sqm. The number of projects in Nizwa has reached 150 by the end of the first half of the current year, of which 128 are operating, 10 are under construction and 12 projects have been allotted with space.
 
Al Abri elaborated that Madayn is currently working on implementing several projects at Nizwa Industrial City, which include expansion of phases 3 and 4 on an area of one million sqm, and implementing a second entrance to the industrial city. Furthermore, a number of investment opportunities were announced recently in Nizwa Industrial City, specifically those related to commercial services and the residential city.
 
His statement comes during the visit of Her Excellency Dr. Rahma bint Ibrahim Al Mahrouqiyah, Minister of Higher Education, Research and Innovation.

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