Oman’s Madayn to set up $41.6mn workforce township in Sur Industrial City

By Amirtha P S, Desk Reporter
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Oman
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Oman’s Public Establishment for Industrial Estates, Madayn represented by Sur Industrial City, has signed a usufruct agreement with Bisham Real Estate Company to establish an integrated workforce township in Sur Industrial City at a value of $41.6 million. 

The project, which will be developed on an area exceeding 180,000 square meters, will be divided into three categories, each with its distinctive standards and specifications. The workforce township will include a variety of accommodation options along with other services such as gyms and a shopping center. 

The first phase of the project is anticipated to be completed within 36 months and will accommodate 5,600 workers. Moreover, the project will provide 300 direct job opportunities. This project targets to offer the necessary infrastructure to meet the needs of the current investors and attract new local and foreign investments.

Madayn is implementing several vital projects in Sur Industrial City as work is underway in executing infrastructure development projects at a total value of more than $31.2 million, which will be completed by the beginning of the second half of 2022. 

The project includes the construction of 17 kilometers (km) length of the water network, 14 km of sewage network, 10.6 km of the road network, 6.8 km of water drainage channels, two wastewater storage tanks with a total capacity of 1,230 cubic meters, and water tanks. 

Madayn has also floated a tender for pre-qualification of consulting companies, and offers have been received from 18 companies. The analysis and evaluation process of these offers is underway. 

The project aims at revamping the master plan of the industrial city including identifying suitable locations for heavy industries, service paths, and locations for infrastructure facilities, in addition to conducting a hydrological study for wadi paths, identifying their size and drainage and protection schemes, and creating additional leasable areas.

Related: Saudi’s KEC obtains $208mn loan for its mixed-use district project


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