Al Mudhaibi Industrial City Secures 14 New Investment Projects

Summary:

Al Mudhaibi Industrial City is enhancing its economic potential in North Al Sharqiyah Governorate by attracting 14 investment projects valued at OMR 15 million. The city has initiated the first phase of infrastructure development, covering 1.34 million square meters, which includes roads, utilities, and investor services, with a total cost of OMR 17.5 million and a 7% completion rate. The projects, balanced between Omani and foreign investors, involve the production of electrical equipment, furniture, and slaughterhouses, supporting Oman Vision 2040's economic diversification goals.