Monday, November 10, 2025

Business News

RO 10 million project in Oman’s Buraimi Industrial City to create jobs, boost advanced industries

Al Buraimi Industrial City has signed a RO 10 million investment deal with Sohar Iron and Billets Company to establish a new metal manufacturing project aimed at creating jobs and attracting advanced industries.

ONA

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Monday, November 10, 2025

MUSCAT – Through this partnership, the City, affiliated with the Public Establishment for Industrial Estates (Madayn), will establish a new industrial project specialising in the production of iron and the manufacture of aluminium, iron, and non-ferrous metal sheets and extrusions.

The project will be developed on a 36,000-square-metre site with a total investment of RO 10 million.
Said bin Abdullah Al Balushi, Director General of Al Buraimi Industrial City, said that such projects aim to create new job opportunities for Omani nationals and contribute to the growth of the industrial sector in Al Buraimi Governorate, thereby supporting the national economy and advancing economic diversification efforts.

He added that the contract signing aligns with Madayn’s strategic plan to attract new investments and promote advanced, technology-driven industries in the Sultanate, expanding opportunities for sustainable industrial growth and innovation-based economic development.

By the end of the first half of this year, total investments in Al Buraimi Industrial City had exceeded RO 287 million, with 1,645 investment contracts signed and an invested area surpassing 1.7 million square metres. Additionally, more than 4.4 million square metres of land remain available for lease to potential investors.

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