RO 8.5 Million in New Projects by KOM: Key Opportunities for Investors and Business Growth in Oman
MUSCAT: Knowledge Oasis Muscat (KOM), the technology sector branch of the Public Establishment for Industrial Estates, has reported a positive growth trajectory for 2025, attracting projects valued at over RO 8.53 million. Leased space at the facility has exceeded 21,000 square meters, indicating sustained investor interest in technology and knowledge-based sectors.
Eng Jaafar bin Ali al Ajmi, Director General of Knowledge Oasis Muscat, revealed that total investment in the oasis reached approximately RO 276.88 million by the end of 2025. The facility employs 1,671 Omani nationals alongside 716 expatriates, covering a total area of around 759,566 square meters, with 494,832 square meters designated as leasable space. The cumulative leased area amounts to about 381,312 square meters.
Al Ajmi noted that KOM hosts over 100 entities from government, semi-government, and private sectors, focusing on information and communication technology, innovation, and digital services. This reinforces its position as a specialized hub for the knowledge economy and advanced technologies. The oasis is also home to national and regional data centers that serve government agencies, financial institutions, and tech companies. Additionally, it features specialized cybersecurity and cloud service centers, making it one of the largest data hosting clusters in Oman.
Currently, projects with an estimated total value of RO 30.8 million are under implementation, highlighting ongoing efforts to strengthen infrastructure and improve the investment landscape to draw high-value projects.
Significant developments include a multi-storey parking facility that will provide around 1,500 spaces, along with office and service areas. This RO 8.4 million project is 10% complete and is scheduled for completion by May 2027. Another initiative involves the maintenance and rehabilitation of Building No. 2, with upgrades aimed at enhancing operational efficiency. Valued at RO 1.2 million, this project is 40% complete and expected to be delivered by August.
Work is also underway on a mixed-use investment building that will encompass both office and commercial spaces. Estimated at RO 12 million, this project is currently 55% complete and aims for completion by the first quarter of 2027.
Al Ajmi highlighted a significant solar energy project as one of the oasis’s key initiatives. Designed to generate 1.5 megawatts of electricity, it aims to enhance sustainability and reduce dependence on conventional energy sources. The project is approximately 40% complete and is expected to be finalized by September 2026.
Additionally, the Knowledge Oasis Muscat International School, developed by an investor, is nearing completion at over 95%. This RO 8.2 million project will serve all educational levels and is anticipated to open for the 2026/2027 academic year, benefiting employees and nearby communities.
The oasis is also collaborating with relevant authorities on a road dualization project, which will connect its entrance to the Sultan Qaboos Integrated Centre for Cancer Treatment and Research over a one-kilometer stretch. This initiative aims to enhance traffic flow, safety, and infrastructure efficiency.
Al Ajmi emphasized that these projects are part of a comprehensive development plan to upgrade infrastructure and foster a competitive investment environment, aligning with Oman Vision 2040. He added that the next phase will concentrate on attracting high-quality projects that reinforce Madayn’s role as a national hub for technology and innovation, thereby supporting economic diversification and strengthening Oman’s position as an attractive investment destination.
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The growth of Knowledge Oasis Muscat (KOM) signals robust opportunities for businesses in Oman, particularly in technology and knowledge-based sectors, as evidenced by the attraction of over RO 8.53 million in projects. Investors should focus on the expanding infrastructure and emerging sectors, particularly the upcoming solar energy initiatives and mixed-use spaces, which present avenues for sustainable growth. However, the increasing demand for skilled labor may pose a challenge, requiring strategic investment in workforce development to sustain this momentum.
