Nizwa Industrial City attracts RO 28 million in new investments
NIZWA: Nizwa Industrial City, part of the Public Establishment for Industrial Estates (Madayn), has localised 19 new investment projects in 2024 with a combined value of RO 28 million, spanning over 131,000 square metres.
These additions bring the total number of active projects in the industrial zone to 186, with cumulative investments surpassing RO 504 million. The city currently employs over 6,100 workers, with an Omanisation rate of 45%.
Engineer Ishaq bin Ibrahim Al Kharousi, Acting Director General of Nizwa Industrial City, said the Madayn Pioneer Complex — a dedicated SME development initiative — is 60% complete. The RO 1.2 million project will offer 10 ready-built workshops for small and medium enterprises.
Al Kharousi also noted that consultancy work has begun on a new residential project to support the growing workforce, while general maintenance upgrades are being prepared. Additionally, the master plan for Phase 5 — a 4 million square metre expansion — has been completed.
On the sustainability front, the industrial city has planted over 1,700 trees, with plans to add 600 more. In cooperation with the Environment Authority, 670 trees have been planted and 200 distributed to companies. Several tenants are exploring solar energy solutions and recycling initiatives, especially in aluminium and copper sectors. — ONA
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