MUSCAT : Spanning 5 million square meters, the project marks a key milestone in Oman’s industrial and agricultural diversification efforts under Vision 2040.
The upcoming phase will include the construction of an internal road network, as well as water, electricity, and sewage systems, in addition to essential facilities and services. A notable feature of the tender is the inclusion of several greenhouse units that will adopt modern hydroponic farming techniques, an initiative aimed at strengthening Oman’s food security and promoting agricultural investments and supporting industries.
Hamoud bin Abdullah Al Balushi, Assistant Director General of Suwaiq Industrial City, highlighted the city’s early momentum, revealing that despite still being in the infrastructure preparation stage, the project had already received over 12 investment requests in the first half of 2025. Two investment contracts have already been signed: one for a polyethylene terephthalate production project from recycled plastics on a 2,394-square-meter plot with an investment of over RO 138,500, and another for an industrial oil refining project on a 4,500-square-meter plot with an investment volume of RO 230,700.
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Al Balushi added that the administration continues to evaluate other investment proposals covering industries such as marble, bitumen, starch, interlocking tiles, pipe manufacturing, substation components, beverages, drilling tools for the energy sector, eco-friendly gypsum bricks, and logistics warehousing.
To attract investors, Madayn is offering a two-year rental exemption and a 50% rental reduction for the following three years, making Suwaiq Industrial City a promising hub for both local and international enterprises. The project aligns closely with Oman Vision 2040 by promoting economic diversification through targeted sectors including petrochemicals, food and modern agriculture, energy, recycling, pharmaceuticals, technology, heavy industries, and logistics.
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