Madayn Invites Bids for Phase One of Al Suwaiq Industrial City: What It Means for Investors and Entrepreneurs in Oman
MUSCAT: The Public Establishment for Industrial Estates (Madayn) has issued a tender for the first phase of infrastructure and utility development at Al Suwaiq Industrial City, located in Al Batinah North Governorate.
This initial phase spans five million square metres and includes the construction of internal roads, as well as water, electricity, and sewage networks. It also incorporates other essential facilities and services. Notably, the tender covers the development of greenhouse units designed to introduce advanced hydroponic farming technologies, aimed at enhancing food security and supporting agricultural investments and related industries.
Hamoud bin Abdullah al Balushi, Assistant Director General of Al Suwaiq Industrial City, reported that although the project remains in its infrastructure preparation stage, over 12 investment applications were received during the first half of 2025, with two projects already formalized.
The first project focuses on producing polyethylene terephthalate (PET) from recycled plastics on a 2,394-square-metre plot, with investments exceeding RO 138,500. The second project involves industrial oil refining on a 4,500-square-metre site, with an investment amounting to RO 230,700.
Additional proposals are currently under review, with plot sizes ranging from 2,394 to 100,000 square metres. These projects cover diverse sectors including marble processing, bitumen production, starch products, interlocking tiles, substation components, soft drinks, drilling tools, gypsum bricks, and logistics facilities.
Madayn provides attractive incentives to investors, including a two-year rent exemption followed by a 50 percent rent discount for the subsequent three years. The industrial city benefits from modern infrastructure and streamlined government services, making it an appealing destination for both local and international investors.
Al Balushi emphasized that Madayn has undertaken feasibility studies aligned with Oman Vision 2040, targeting value-added industries such as petrochemicals, food processing, modern agriculture, renewable energy, recycling, pharmaceuticals, technology, heavy industries, and logistics.
Al Suwaiq Industrial City is set to become a significant addition to Oman’s network of industrial zones, expected to generate direct and indirect employment, foster entrepreneurship, and enhance non-oil revenue contributions to the national economy. — ONA
Special Analysis by Omanet | Navigate Oman’s Market
The launch of Al Suwaiq Industrial City’s first phase infrastructure signals significant growth opportunities in Oman’s industrial and agricultural sectors, especially with modern hydroponic farming and recycling projects already underway. Businesses and investors should focus on value-added industries aligned with Oman Vision 2040, as the offered incentives and modern facilities create a fertile environment for innovation, diversification, and long-term economic resilience. Smart entrepreneurs can capitalize on emerging niches like sustainable packaging, industrial oil refining, and agri-tech to secure a competitive edge in this expanding market.
