Al Mudhaibi Industrial City signs two investment agreements worth OMR5.75 million

03/07/2025 04:48 AST

Al Mudhaibi Industrial City, an affiliate of the Public Establishment for Industrial Estates (Madayn), signed two investment agreements to localise six factories with a total investment of OMR5.75 million, covering an area of more than 21,000 sqm.

The signing ceremony was held in the presence of Mahmoud Yahya Al Dhuhli, Governor of North Al Sharqiyah and Eng. Dawood Salim Al Hadabi, CEO of Madayn, alongside several officials from the public and private sectors.

The first agreement, signed with Global Prime Matter SPC, incorporates establishment of four factories specialising in electrical materials, electronics, home furniture, and cold storage supplies, with an investment of OMR5 million on a 14,538 sqm area. The second agreement, with Middle East Livestock Company, involves setting up an automated poultry slaughterhouse and a disinfectants factory, with an investment exceeding OMR750,000 over an area of more than 7,000 sqm.

Eng. Said Khalfan Al Shabibi, Acting Director General of Al Mudhaibi Industrial City, stated that a total of five industrial projects were successfully localised in the last quarter of 2024, with a total investment of OMR5.8 million. This follows the official announcement in October last year inviting investment applications in Al Mudhaibi Industrial City, bringing the total investment in the city to date to approximately OMR11.6 million on an area of 75,000 sqm.

He further noted that the tender for implementing Phase 1 of Al Mudhaibi Industrial city is expected to be awarded early next quarter. The scope includes the construction of internal roads, utility networks (electricity, water, internet, and sewage), fencing and main gates, a facility building, offices, and Madayn's Entrepreneurial and Agricultural Complexes.

Al Mudhaibi Industrial City is one of the latest cities being developed by Madayn, extending over 9 million sqm, with Phase 1 covering about 1.5 million sqm. The city enjoys a strategic location near the main highway connecting the Special Economic Zone at Duqm with the Sultanate of Oman's key ports and border crossings. The city is a key component of the national strategic projects in North Al Sharqiyah Governorate and aligns with Madayn Vision 2040 in establishing world-class business cities in partnership with the private sector and in line with the objectives of Oman Vision 2040.

ONA