Oman's Al Buraimi Industrial City draws big investment in H2
MUSCAT, 2 days ago
Al Buraimi Industrial City, a part of the Public Establishment for Industrial Estates (Madayn), has successfully signed 16 investment contracts during the second half of 2024.
These include automotive oil manufacturing, wood impregnation, carton production, production line manufacturing, water tank manufacturing, food packaging factory, storage facility for new car spare parts, water production and bottling plant, medical supplies factory, and a commercial showroom.
These agreements, worth RO7.97 million ($20.6 million), pave the way for new projects spanning a combined area of more than 165,000 sqm, said Madayn in a statement.
The newly signed projects represent a variety of industries, showcasing the industrial city’s appeal as a hub for diverse business ventures.
"These include automotive oil manufacturing, wood impregnation, carton production, production line manufacturing, food packaging factory, water tank manufacturing, storage facility for new car spare parts, water production and bottling plant, medical supplies factory, and a commercial showroom," said a company spokesman.
Al Buraimi Industrial City undertakes constant ongoing efforts to enhance its investment environment and provide streamlined facilities for businesses.
"By attracting a wide array of investments, the industrial city continues to contribute to Oman’s economic growth and support the realisation of national strategic goals," he added.-TradeArabia News Service