4 days ago
Al Buraimi Industrial City investment surpasses RO 274 million
MUSCAT: Al Buraimi Industrial City, operated by the Public Establishment for Industrial Estates (Madayn), has recorded strong growth in 2024, with cumulative investments now exceeding RO 274 million.
According to Saeed bin Abdullah al Balushi, Director General of Al Buraimi Industrial City, the city signed 16 investment contracts this year alone, totalling around RO 7.97 million. These contracts cover over 165,000 square metres and span various sectors, including motor oil production, paper and cardboard manufacturing, food and water processing, and cosmetics.
Al Balushi attributed this performance to Madayn's continued efforts to build a competitive, business-friendly environment that supports job creation, empowers small and medium enterprises, and promotes sustainable industrial development in line with Oman Vision 2040.
He also noted the strategic importance of the ongoing Mahdha–Buraimi Road Dualisation Project, being implemented in coordination with Madayn. This major infrastructure upgrade will connect both phases of the industrial city and facilitate smoother traffic flow, easing movement for investors and improving access to key sites.
Saeed bin Abdullah al Balushi, Director General of Al Buraimi Industrial City.
In a move to bridge academia and industry, Al Buraimi Industrial City recently signed a cooperation agreement with Al Buraimi University College. The agreement aims to promote knowledge exchange, organise scientific and cultural events, provide student training, and support research and innovation across industrial and academic domains.
Covering a total area of over 14.4 million square metres—of which more than 4.2 million have been developed—Al Buraimi Industrial City spans two distinct phases and is strategically located along the Sultanate of Oman's border with the United Arab Emirates. This proximity offers easy access to the UAE and broader GCC markets, along with logistical advantages via nearby highways and major Omani ports such as Sohar. The city hosts a diverse array of industries, including food production, manufacturing, logistics, warehousing, and the chemical and plastics sectors. — ONA
