Suhar Industrial City Sees RO 105 Million Investment Surge: Implications for Business Growth in Oman
Suhar Industrial City Attracts 48 New Investment Projects by 2025
Suhar: The Public Establishment for Industrial Estates (Madayn) announced that Suhar Industrial City is set to welcome 48 new investment projects by 2025, with total investments exceeding RO 105 million.
Covering an area of over two million square metres, these projects will bolster Suhar Industrial City’s status as a significant industrial and manufacturing hub in Oman. Cumulatively, investments in the industrial city have reached ۲.۳ میلیارد روپیه، با بیش از 11.4 million square metres leased from a total area of 28.4 million square metres. Employment in existing projects has also increased, now supporting approximately 13,299 workers.
Eng Abdullah bin Ahmed al Mayasi, Director General of Suhar Industrial City, reported that Madayn is executing various strategic infrastructure and development projects within the city. These initiatives include a consultancy study aimed at rehabilitating infrastructure and support services across phases one to six, alongside the completion of infrastructure works for phase seven. This consultancy study is anticipated to be finalized in the second quarter of this year.
Additionally, Madayn is preparing to launch a suite of strategic projects as part of the Eleventh Five-Year Development Plan (2026-2030). Key initiatives will focus on enhancing infrastructure efficiency, modernizing services, constructing integrated facilities for industrial operations, and developing a 97-megawatt solar power plant.
Plans also entail consultancy services for establishing an integrated aluminum economic cluster designed to strengthen industrial value chains within the city.
Al Mayasi underscored the significance of the “Ladayn” plastics industrial complex, identifying it as a crucial driver of economic growth and industrial investment. The complex is poised to attract foreign direct investment while fostering a competitive industrial environment that promotes technology transfer, industrial partnerships, and growth in local manufacturing.
He noted that the expansion of factories within the complex is benefiting related sectors such as logistics, construction, and real estate. This growth is also creating opportunities for small and medium-sized enterprises engaged in supply and technical services.
Al Mayasi emphasized that ongoing industrial expansion reflects increasing confidence in Oman’s economy and supports vital infrastructure development, including roads, ports, and utility networks, thereby enhancing local added value.
The “Ladayn” plastics complex has experienced rapid growth in recent years, fueled by rising demand for plastic products both locally and regionally, as well as investment incentives from Madayn. Current investments in the complex have reached approximately RO 33.7 million, with leased space exceeding 181,000 square metres. By the end of 2026, the complex is expected to accommodate around 19 projects, including operational facilities, projects under construction, and newly signed investments. — ONA
تحلیل ویژه از عمانت | بازار عمان را کشف کنید
قابل توجه influx of investment projects into Suhar Industrial City signals a burgeoning opportunity for both local and foreign businesses to engage with Oman’s expanding industrial landscape. As infrastructure upgrades and the establishment of the Ladayn plastics complex unlock potential across various sectors, savvy investors should consider مشارکتهای استراتژیک in technology transfer and local manufacturing. However, they must also navigate potential risks associated with fluctuating demand and global economic conditions, ensuring agility to capitalize on the growing opportunities.
