Madayn Investments Surge to RO 7.8 Billion: What This Means for Oman’s Business Growth and Investment Opportunities
MUSCAT – The Public Establishment for Industrial Estates (Madayn) reported a cumulative investment of approximately RO 7.8 billion by the end of the first half of 2025, marking a 2% increase compared to the same period last year. Engineer Dawood bin Salem al Haddabi, CEO of Madayn, noted that the total number of projects across Madayn’s industrial cities grew by 3% to 2,095, while the number of signed contracts rose to 2,385. Leased land reached 34.6 million square meters, accounting for 68% occupancy of the 61.6 million square meters of developed land, including areas in Knowledge Oasis Muscat and Al Mazunah Free Zone. In the first half of 2025 alone, Madayn received 215 new investment applications and signed 124 contracts valued at over RO 80 million, covering more than 895,000 square meters.
Under the Tenth Five-Year Development Plan (2021–2025), Madayn implemented numerous infrastructure and service initiatives to enhance the investment environment and promote sustainable development across Oman. Significant achievements included the completion of Phase 1 of Ibri Industrial City (around 3 million square meters), infrastructure development in Mahas Industrial City (1.4 million square meters), and consultancy, design, and supervision for industrial complexes in Al Rusayl, Nizwa, Mahas, Al Suwaiq, and Madha. Additionally, the seventh phase of Suhar Industrial City’s infrastructure project was completed, covering more than 8.5 million square meters. Advanced drone technology was utilized for geographic mapping and infrastructure surveys throughout the industrial cities.
Al Haddabi emphasized that during this development plan, Madayn underwent a substantial institutional and technological transformation, adopting a digital-first approach and fostering a culture of excellence and performance-driven governance. This progression enabled Madayn to achieve Level 2 certification under the European Organisation for Quality Management (EOQ) model, marking a key milestone in its digital and institutional transformation.
Looking ahead, Madayn is finalizing its strategic roadmap for the Eleventh Five-Year Plan (2026–2030), aligned with Oman Vision 2040 priorities. The plan positions Madayn as a national catalyst for a competitive and sustainable economy, with 98 major projects planned across development, institutional excellence, and environmental sustainability. Key initiatives include infrastructure and service developments in Al Mudhaibi Industrial City (2.5 million square meters), Al Suwaiq Industrial City (5 million square meters), Madha Industrial City (348,000 square meters), Al Wadi Al Kabir Industrial City, and various rehabilitation projects in Suhar Industrial City. Additional projects involve creating a marine pier and master plan for Sur Industrial City and expanding water networks in Raysut Industrial City.
Madayn is also preparing a comprehensive Digital Transformation Implementation Plan for 2026–2030, featuring 105 digital projects across 12 pillars. These projects focus on full automation of priority services, integrating artificial intelligence, big data, IoT, renewable energy solutions, establishing smart operations centers, and launching a unified digital investment portal. Targets include achieving over 85% investor satisfaction with electronic services and positioning two industrial cities as internationally recognized smart cities.
Economic clustering remains a strategic priority. A consultancy project for an integrated mining cluster in Shaleem and Al Hallaniyat Islands has been completed, with master planning for 30 million square meters and detailed designs for 10 million square meters to support oil, gas, and mining sectors. Progress continues on an integrated aluminium cluster in Suhar, supported by detailed plans, performance indicators, and stakeholder coordination. A specialist consultant has been appointed to identify downstream aluminium opportunities and boost local value creation. The Ladayn plastics complex in Suhar is expanding, with investments totaling RO 33.7 million across 19 projects.
Through the Industrial Innovation Academy, Madayn strengthens Oman’s innovation ecosystem, supports SMEs, and promotes technology adoption. The Omanisation program, developed with the Ministry of Labour, has created over 3,000 jobs, while the Rabt platform has streamlined SME access to government tenders through digital integration. Madayn has also introduced a Corporate Culture System to enhance organizational identity, employee empowerment, and innovation.
Al Haddabi affirmed that Oman’s industrial sector continues to progress, supported by modern infrastructure, forward-looking regulations, and improved connectivity — factors collectively enhancing the nation’s industrial and investment landscape.
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The steady expansion and strategic transformation of Madayn underscore Oman’s robust commitment to industrial growth and sustainability, presenting significant opportunities for businesses to capitalize on modern infrastructure and emerging industrial clusters. With a clear focus on digital transformation, smart city development, and economic clustering, investors and entrepreneurs should prioritize innovations in technology integration, renewable energy, and high-value downstream industries to align with Oman Vision 2040 and capture competitive advantages. Smart stakeholders will also benefit from engaging with the growing SME ecosystem and Omanisation initiatives to leverage local talent and government support.
