Al Suwaiq Industrial City, a key development under the Public Establishment for Industrial Estates ‘Madayn’, has signed three significant investment contracts aimed at localizing industrial projects.
The agreements focus on a range of sectors, including Polyethylene Terephthalate (PET) production from recycled plastics, industrial oil refining, polymer modification, and bitumen melting and storage.
According to the reports, these projects are expected to enhance Oman’s industrial capabilities and contribute to sustainable economic growth.
The localized projects will be developed over a total area exceeding 11,000 sqm, with initial total investments touching $4.1 million (RO 1.6 million).
Located in Al Batinah North Governorate, Al Suwaiq Industrial City is the newest industrial city announced by Madayn under its phased development plan (2026–2030).
Madayn is currently evaluating the bids submitted by participating companies for the tender of implementing the infrastructure and utilities of Phase 1 of Al Suwaiq Industrial City. The project comprises the construction of internal road network, water, electricity and sewage networks, along with other essential facilities and services.
The tender also includes the establishment of several greenhouse units to implement modern agri-tech solutions, and hence contributing to food security and supporting agricultural investment and related industries. Implementation works are expected to commence during 2026.
According to the statement, Al Suwaiq Industrial City represents a qualitative addition to Madayn’s network of industrial cities through offering promising investment opportunities and competitive incentives that contribute to generating direct and indirect employment for the citizens, enabling entrepreneurs to launch innovative ventures, and supporting the growth of non-oil revenues.
