Investments in Madayn's industrial cities amount to OMR 6.6 billion

Business Saturday 12/September/2020 13:48 PM
By: Times News Service
Investments in Madayn's industrial cities amount to OMR 6.6 billion

Muscat: The total volume of investments for projects in the industrial cities of Madayn amounted to about OMR 6.6 billion until the end of 2019, a growth rate of 1.54 per cent compared to 2018, Oman News Agency (ONA) said.

A statement issued online by Oman (ONA), said, "the number of the workforce in all industrial cities of Madayn increased to 61,213 workers, with an Omanisation rate of 34 per cent."

The General Director of Planning and Business Development in Madayn said, "The amount of growth in the total volume of investments in all industrial cities during the year 2019 amounted to OMR 101 million, as Sohar Industrial City had the highest rate of increase in the total volume of other investments of Madayn," the statement added.