Nizwa Industrial City, managed by Oman’s Public Establishment for Industrial Estates (Madayn), secured four new projects valued at over OMR 5.5 million ($14.2 million) in the first half of 2024, covering an area of 67,000 sqm.
These developments have propelled total investments in the industrial city to OMR 474 million ($1.2 billion). Currently, Nizwa Industrial City hosts 173 projects in various phases, employing 5,707 workers and achieving a 45% Omanization rate. Out of the developed land (3.1 million sqm), 76% is already occupied, while the total land area exceeds 7.2 million sqm.
Salah bin Nasser Al Alawi, Acting Director General, noted that major projects completed in 2024 include expansions of Phases 3 and 4, infrastructure upgrades, and the introduction of a fiber optic network. Additionally, Madayn is preparing Phase 5, a 4.1 million sqm development, to be ready by the second half of 2024. Land will be available for investment upon completion.
The city is also working with the SMEs Development Authority on constructing the Madayn Entrepreneurial Complex, a facility with 10 industrial workshops for small and medium-sized enterprises, set to be completed within 12 months.
