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Madayn nears completion of RO 5 million Mahas Industrial City project

Madayn is making significant strides in the road and infrastructure construction project at Mahas Industrial City, with over 90% completion and an investment surge of RO 41.9 million in the first half of this year.

TAS News Service

info@thearabianstories.com

Tuesday, July 16, 2024

Muscat: Madayn is nearing the final stages of its ambitious road and infrastructure construction project in Mahas Industrial City, with a budget of RO 5 million and a completion rate surpassing 90%. This development comes as the industrial city witnessed an impressive investment volume of RO 41.9 million in the first half of the year, reflecting a 2.05% growth compared to last year.

Mubarak bin Salem Al-Ghailani, Acting Director General of Mahas Industrial City, highlighted that Madayn has appointed a consultant to establish 10 ready-made industrial units for small and medium enterprises. This initiative aligns with the royal directives of His Majesty Sultan Haitham Bin Tarik, aiming to boost the industrial sector and support SMEs.

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