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Oman News

Oman business: Investments in Madayn cities close to OMR 7 billion

In 2021, industrial cities in Madayn received 325 investment requests, 193 of which were localised.

TAS News Service

info@thearabianstories.com

Wednesday, February 9, 2022

MUSCAT: The volume of localised investments in the industrial cities of Madayn is close to OMR 7 billion. In 2021, it received 325 investment requests, 193 of which were localised, bringing the total number of projects by 3.4 percent.

Hilal bin Hamad Al-Hassani, CEO of Madayn, has confirmed that Madayn has started developing five new industrial cities in Khasab, Ibri, Thumrait, Shinas and Al Mudhaibi to be added to the other nine existing cities in the various governorates of the Sultanate of Oman.

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