Thursday, August 27, 2026

Business News

Al Buraimi Industrial City signs RO 8 million in investments for 2024, targeting key sectors in Oman

Al Buraimi Industrial City, under the Public Establishment for Industrial Estates (Madayn), is seeing a surge in investor interest, having signed 16 new investment contracts worth nearly RO 8 million so far in 2024

TAS News Service

info@thearabianstories.com

Saturday, May 31, 2025

Muscat: Al Buraimi Industrial City has signed 16 investment agreements this year, with a total value of RO 7.97 million. These contracts span a land area of over 165,000 square meters and cover diverse sectors including automotive oils, food products, water, paper, cardboard, and cosmetics manufacturing.

According to Saeed bin Abdullah Al Balushi, Director General of Al Buraimi Industrial City, cumulative investments in the city have now exceeded RO 274 million. He attributed this performance to Madayn’s efforts in building an investor-friendly, competitive ecosystem aligned with Oman Vision 2040 goals—fostering economic diversification, sustainability, job creation, and SME support.

Al Balushi also highlighted the strategic Mahdha-Buraimi Road dualization project, currently being developed in collaboration with relevant authorities. The road will connect the industrial city’s two phases and significantly improve logistics by facilitating smoother access and movement for investors and businesses.

In an additional development, Al Buraimi Industrial City recently inked a cooperation agreement with Al Buraimi University College. This partnership will promote academic-industrial integration through joint events, training programs, and innovation projects—gearing up the next generation of Omani talent for the industrial sector.

Spread across more than 14 million square meters, Al Buraimi Industrial City benefits from its prime location near Oman’s border with the UAE. This strategic advantage enables seamless access to GCC markets, especially the UAE, and connects investors to key trade routes and ports such as Sohar.

Close