Madayn CEO wins award
Times News Service
MUSCAT: Hilal bin Hamad Al Hasani, Chief Executive Officer of the Public Establishment for Industrial Estates (Madayn), has received Golden Star Award for Excellence and Quality in Administration, which is awarded by the Excellence Awards Academy in Dubai, United Arab Emirates.
The awarding ceremony was held under the patronage of Dr Abdulaziz Allam, Minister Plenipotentiary of the Arab League.
The Award’s Secretariat emphasised that Al Hasani has received the award as one of the distinguished and leading Arab figures with a clear track record of success in the region. According to the secretariat, this award is attributed to Al Hasani’s constant efforts in the administrative field, his ability to overcome crises and meet challenges, invest opportunities, adopt creative thinking, and contribution to the advancement of the national economy.
Meanwhile, Madayn is witnessing growth that is seen through its indicators and results of efforts in spite of regional and global financial and economic crises. It should be noted that Madayn has not recorded any noted decline in its indicators in recent years. In 2018, Madayn received more than 450 new investment applications and signed more than 50 contracts to expand its existing projects.
Construction companies, which have contracted with Madayn, have already commenced implementing development works in its various industrial cities, including Phase2 of Al Mazunah Free Zone, expansion project in Raysut Industrial City, and logistics project in Al Rusayl Industrial City. Additionally, design and planning works for the development projects in Al Buraimi, Sur, Nizwa and Knowledge Oasis Muscat (KOM) have been completed.
Agreements were signed in 2018 to construct and operate the facility building in Samail Industrial City and the commercial zone in Al Rusayl Industrial City. Construction and operation agreements were also inked for the sixth and seventh buildings in KOM as well as the multi-level parking project.
In 2019, Madayn is working to construct and complete major and value adding projects. Development works will commence in the expansion project of Al Rusayl Industrial City in the coming days, in addition to the rehabilitation of its entrances and establishment of new entrances.
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