To­tal In­vest­ments in Suhar In­dus­trial City reach RO2bn

Muscat Daily - - BUSINESS -

To­tal vol­ume of in­vest­ments in Suhar In­dus­trial City has crossed RO2bn mark as the num­ber of projects within the city has reached 350 this year, ac­cord­ing to a senior of­fi­cial.

The Pub­lic Es­tab­lish­ment for In­dus­trial Es­tates (Ma­dayn), rep­re­sented by Suhar In­dus­trial City, on Wed­nes­day or­gan­ised an in­vest­ment meet with busi­ness own­ers and in­dus­tri­al­ists in So­har. The meet­ing, which was held at Ma­jan Hall, aimed at high­light­ing cur­rent and fu­ture projects in Suhar In­dus­trial City, Ma­dayn In­dus­trial Academy and Masar In­vest­ment Win­dow.

Speak­ing at the event, Eng Ab­dul­lah bin Salim al Kaabi, di­rec­tor gen­eral of Suhar In­dus­trial City, said that the strong bond be­tween the in­vestors and Suhar In­dus­trial City has con­trib­uted to the achieve­ment of steady growth at all lev­els. “In terms of sta­tis­tics, the num­ber of lo­calised projects in Suhar In­dus­trial City has touched 350 by the end of this year, with an in­vest­ment vol­ume ex­ceed­ing RO2.052bn. The work­force in Suhar In­dus­trial City has touched more than 17,000, of which 35 per cent are Oma­nis,” Kaabi said.

Suhar In­dus­trial City has en

deav­oured to im­ple­ment a num­ber of projects in­clud­ing the ef­forts to com­plete the in­fra­struc­ture project in phase 7. “This project aims at pro­vid­ing in­fra­struc­ture ser­vices such as elec­tric­ity, wa­ter, sewage ser­vice, rain drainage chan­nels, in ad

di­tion to safety and se­cu­rity re­quire­ments of the in­dus­trial city. We have al­ready ac­com­plished nearly 80 per cent of the project and it is ex­pected to be com­pleted by end of next year,” Kaabi in­formed.

He added that Suhar In­dus­trial City, in co­op­er­a­tion with the Min­istry of Trans­port, has im­ple­mented the road be­tween phases 6 and 7, which would greatly fa­cil­i­tate the trans­port move­ment. “We are in the process of com­plet­ing the con­nec­tion of this road to the ex­press­way by mid of 2020,” he said. “Masar In­vest­ment Win­dow, which will be ready by the first quar­ter of 2020, shall of­fer an ideal plat­form to fa­cil­i­tate the process of ob­tain­ing li­censes and ap­provals un­der one roof.”

An agree­ment was signed this year be­tween Suhar In­dus­trial City and Ma­jis In­dus­trial Ser­vices for potable wa­ter ser­vice as a so­lu­tion to the chal­lenge of wa­ter ser­vice in­ter­rup­tion that oc­curs some­times. The agree­ment aims at cre­at­ing an in­te­grated sup­ply of wa­ter ser­vice and sup­ply of potable wa­ter to the in­dus­trial city. This net­work has been ac­ti­vated last week.

The meet­ing also high­lighted the events of the up­com­ing Oman In­dus­try Week 2020. The event, which will be held from Fe­bru­ary 6 to Fe­bru­ary 11 next year, will in­clude the meet­ing of H E Dr Ali bin Ma­soud al Su­naidy, Min­is­ter of Com­merce and In­dus­try with the in­dus­tri­al­ists and the pres­ence of a large num­ber of CEOs from the man­u­fac­tur­ing sec­tor.

The num­ber of lo­calised projects in Suhar In­dus­trial City has touched 350 by the end of this year

Eng Ab­dul­lah bin Salim al Kaabi

Eng Ab­dul­lah bin Salim al Kaabi

Newspapers in English

Newspapers from Oman

© PressReader. All rights reserved.