Muscat – Khazaen Economic City has signed an investment agreement with Muscat Changming Investment Company to establish an integrated Chinese industrial complex with an estimated investment of RO200mn.

The industrial complex will span an area of more than 160,000 square metres. The signing ceremony was attended by H E Qais bin Mohammed al Yousef, Minister of Commerce, Industry and Investment Promotion, according to an Oman News Agency report.

The complex will feature a range of modern facilities, including workshops and production lines, contributing to the development of light and medium industries across several sectors. It will also include packaging areas and logistics warehouses serving as regional storage and distribution centres, along with workspaces, administrative buildings, and showrooms to support commercial and investment activities.

Additionally, the complex will house an auto repair centre providing maintenance, repair, and spare parts services, an innovative car showroom equipped with specialised lighting systems, a driving simulation area, and a dedicated space for new car launch events, along with various supporting services and facilities.

This project is part of Khazaen Economic City’s strategy to develop an integrated city that offers a world-class business environment while attracting local and international investments across strategic sectors such as logistics, industry, food and pharmaceuticals, clean energy, and technology.

Salim bin Sulaiman al Dhahli, CEO of Khazaen Economic City, stated that the city is committed to fostering a competitive investment environment that supports economic diversification in the Sultanate of Oman.

He emphasised that the Chinese industrial complex represents a significant step towards making Khazaen Economic City an integrated industrial and logistics hub. The project is expected to create direct and indirect job opportunities, support small and medium-sized enterprises, and promote industrial and technological innovation in the Sultanate of Oman.