Muscat – Apex Business Trading, represented by the Corrugated Boxes Factory, on Monday opened its new branch at the Facility Building in Samail Industrial City and launched four brand new and innovative products.
The inaugural ceremony was held under the patronage of Halima bint Rashid al Zaria, Chairperson of the SMEs Development Authority, and in the presence of Eng Dawood bin Salim al Hadabi, CEO of the Public Establishment for Industrial Estates ‘Madayn’.
Apex Business Trading general manager Ibrahim bin Murad al Balushi highlighted the significance of the Corrugated Boxes Factory in Samail Industrial City as one of the key manufacturing projects.
“Established in 2021 with support and funding from the SMEs Development Authority, this factory plays a key role in meeting the market’s demand for packaging materials, cardboard cartons and innovative products,” Balushi pointed out, informing that “the factory has gained increasing popularity in both local and international markets due to its ability to produce a wide range of sizes based on demand, making it a pivotal player in manufacturing high-value and competitive products”.
He was delighted to put on record that Apex Business Trading “is privileged to be the first Omani company to manufacture and innovate competitive new products using the highest quality of corrugated cardboards”.
These products include exhibition booths and kiosks in various shapes and sizes, various types of furnishings, materials for professional product display and promotion, and billboards. The products stand out for their cost-effectiveness and eco-friendliness, with their full recyclability reflecting the company’s strong commitment to the environment.
Ahmed bin Suleiman al Hashmi, Investor Services Head at Samail Industrial City, explained that Madayn has divided Samail Industrial City into several sectors, among which is a 39,000sqm area designated for the SMEs, with the current occupancy rate of this sector touching 34%.
He added that the total number of the localised projects in Samail Industrial City has reached 156 covering an area of 2.2mn square metres.
Of these projects, 94 are in the production phase, 43 are under construction, and 19 are in the mapping preparation phase. The total investment volume of these projects amounts to RO150mn, and the projects have provided employment for approximately 2,600 workers.
Several key investment opportunities in Samail Industrial City have undergone preliminary feasibility studies, and Hashmi informed that these include diverse sectors such as dairy and juice production, date products manufacturing and packaging, beside others.