Muscat – Suhar Industrial City, which operates under the Public Establishment for Industrial Estates (Madayn), recently attracted six new projects with a total investment exceeding RO27mn. The projects will be developed over an area of more than 162,000sqm and span the oil, steel, food, marble, tile, and wood industries.

The investment agreement signed with the National Petrochemical and Investment Company involves the establishment of an oil industry project worth RO25mn on a land area of 125,000sqm.

In addition, an agreement was signed with Sultan Al Shidi Engineering Projects for a specialised steel industry project valued at RO1mn on 3,843sqm. Another agreement with Iron Trading and Investment covers a steel industry project worth RO600,000 on 8,760sqm.

Furthermore, Suhar Industrial City signed an agreement with Asas International to establish a marble and tiles project with an investment of RO400,000 on an 11,000sqm plot. Al Rawdha International Business has also signed an agreement for a food industry project worth over RO150,000 on an area of 2,688sqm.

Finally, an agreement was concluded with United Wooden Platform Company to establish a wood industry project with an investment of RO150,000 on 11,250sqm.