Muscat: Land plots of the first stage of the expansion of Al Rusayl industrial Estate have been completely distributed and that work is underway to implement the infrastructure and service projects, Eng. Mohsen bin Zahran Al Hinai, Director General of Al Rusayl Industrial Estate said.
He added that the cost of this stage stood at OMR32 million.
In a statement to Oman News Agency (ONA), he said that due to oil price drop the government decided to freeze the second stage expansion, which will stretch over about one million square metres.
He pointed out that the value of investments in Al Rusayl Industrial Estate now stands at OMR430 million. The number of existing factories now stands at 132, in addition to about 48 factories underway.
The number of Omani workers now stand at 5,500 of about 14,000 workers in the estate with the Omanisation rate stands at 35 per cent; the stipulated Omanisation level at the industrial sector.
He added that the first stage expansion will generate 3500 jobs when operational. The expansion will thus contribute to the efforts made by the government to generate job opportunities for Omani job seekers.