New Chemical Industries Project in Sur: What the OMR 9.6 Million Investment Means for Business Growth in Oman
On July 8, the Sur Industrial City, part of the Public Authority for Industrial Estates (Madayn), signed an investment contract with Al-Ghaith Industries to establish a plant for producing trichlorosilane. The facility will cover an area of 20,000 square meters, with an investment exceeding 9.6 million Omani riyals, equivalent to 25 million US dollars.
This project is part of value-added initiatives aimed at enhancing the growth of the chemical and energy sectors. It will localize industries relying on modern technologies and create a range of job opportunities for Omani professionals.
Eng. Nasser bin Hamood Al-Mubsali, General Manager of Sur Industrial City, stated that this project opens new horizons for developing high-purity silicon production, which is foundational for the renewable energy and electronics industries. He added that the initiative will significantly benefit the Southern Sharqiyah Governorate, particularly the industrial city.
Eng. Al-Mamoun Al-Badani, CEO of Al-Ghaith Industries, explained that the trichlorosilane plant represents a qualitative leap in the chemical industries of Oman, anticipating that commercial production will commence by the end of the first quarter of 2027.
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The recent investment in the three-chlorosilane production facility in Sur represents a pivotal opportunity for businesses in Oman, enhancing the chemical and energy sectors. This project not only fosters local job creation but also positions Oman as a player in high-purity silicon production, critical for the renewable energy and electronics industries. Smart investors and entrepreneurs should consider the potential for growth in related sectors and explore partnerships that leverage this technological advancement.
Source: Oman News