Muscat – The Public Establishment for Industrial Estates (Madayn) on Tuesday announced the launch of a tender for the implementation of infrastructure and utilities for Phase 1 of Al Suwaiq Industrial City in North Batinah Governorate.

This phase involves the development of a 5mn-sqm area, which includes the construction of internal roads, water, electricity and sewage networks, along with other essential services and utilities. The tender also covers the establishment of greenhouses designed to implement modern agri-tech solutions, with the aim of supporting food security and encouraging agricultural investments and related industries.

Hamood al Balushi, Assistant Director General of Al Suwaiq Industrial City, said that the city has already attracted notable investor interest, even while it remains in the infrastructure preparation stage. “The city has received more than 12 investment applications across various sectors during the first half of 2025,” Balushi said.

He added that two investment contracts have already been signed. The first is for a project specialising in the production of polyethylene terephthalate (PET) from recycled plastics, covering an area of 2,394 sqm with an investment exceeding $360,000. The second contract involves a project for refining industrial oils, occupying an area of 4,500 sqm with an investment of around $600,000.

Balushi noted that the management of Al Suwaiq Industrial City is currently reviewing the remaining investment applications for plots ranging from 2,394 sqm to 100,000 sqm. These applications span diverse sectors including marble, bitumen and derivatives, starch and related products, interlock, pipe manufacturing, electricity substation components, soft drinks and beverages, oilfield drilling tools, eco-friendly gypsum bricks, and logistics warehouses.

He further highlighted that Madayn offers attractive incentives to investors in Al Suwaiq Industrial City, including a 100% rental exemption for the first two years, followed by a 50% rent reduction for the subsequent three years. These incentives are designed to position the city as a competitive destination for both local and international investments, supported by modern infrastructure and streamlined government services provided by Madayn.

Madayn has also undertaken studies to identify investment opportunities that align with Oman’s economic diversification strategy and Vision 2040. Al Suwaiq Industrial City aims to attract high-quality investments in key sectors such as petrochemicals, food processing, modern agriculture, energy and related technologies, recycling and environmental industries, light and medium manufacturing, pharmaceuticals, technology and innovation, heavy industries, and logistics.

Al Suwaiq Industrial City represents a strategic addition to the sultanate’s network of industrial estates, offering significant investment potential, competitive incentives, and advanced infrastructure. These elements are expected to play a vital role in generating direct and indirect employment opportunities for Omani nationals, empowering entrepreneurs to develop innovative projects, and enhancing the country’s non-oil revenues.

The industrial city also aims to contribute to balanced regional development by reducing geographical disparities in investment distribution, given North Batinah’s strategic importance in terms of logistics and human capital.