Governor of North Al Batinah explores investment opportunities in Sohar Industrial City

Business Wednesday 17/January/2024 17:47 PM
By: Times News Service
Governor of North Al Batinah explores investment opportunities in Sohar Industrial City

Muscat:  Mohammed bin Sulaiman Al Kindi, Governor of Al Batinah North, led a delegation of various governmental bodies in North Al Batinah Governorate, on a visit to Sohar Industrial City to get familiarised with the investment climate and the investing projects.

Received by Eng. Abdullah bin Ahmed Al Mayasi, Director General of Sohar Industrial City, the delegation was briefed on recent statistics of the industrial city. In 2023, Sohar Industrial City received 55 investment applications, among which 45 projects were localised across 461,399 sqm. Al Mayasi also highlighted achievements at Madayn project in Sohar Industrial City, where five agreements were signed in 2023 totalling around OMR22 million for seven projects spanning 80,000 sqm, and initially involving a workforce of approximately 200 employees.

Al Mayasi added that Madayn has made notable progress in the Phase 7 development project at Sohar Industrial City, currently standing at a 98.6 per cent completion rate. “The project includes a 32-km road network, water network and sewerage network. This is in addition to a treatment plant with a capacity of 2,000 cubic metres, rainwater drainage network, dyke for protection against floods, an irrigation network and two water supply tanks with a total capacity of 2,700 cubic metres,” he elaborated.

The visit also included a field tour of Sohar Industrial City, which covered Masar Service Centre which presents an integrated platform to facilitate procedures for investors to obtain required approvals, permits and licenses for their projects. The delegation also toured GersanElektrik Company, Muscat United Food Industries, and Al Maha Ceramics.