Oman’s Madayn unveils Facility Building & Masar Service Centre worth $11.7mn

By Rahul Vaimal, Associate Editor
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The Public Establishment for Industrial Estates of Oman (Madayn) has unveiled an $11.7 million Facility Building and Masar Service Centre in Samail Industrial City. 

The 16,000 Sq. M structure consists of 8 floors (ground + 7 floors) with a rental area exceeding 12,000 Sq. M. The building which was launched under the auspices of Madayn CEO, Mr. Hilal bin Hamad Al Hasani, will offer space dedicated to public and private bodies, commercial stores, banks, cafes and restaurants, food court, telecom companies, among other services.

Masar Service Centre

Placed on the ground floor of the building, the Masar Service Centre will improve the level of services offered to investors by accelerating and simplifying procedures, reinforcing ties with partners to provide integrated services to investors, as well as strengthening relations with the investors to ensure a safe and ideal business environment.

Masar features an integrated platform to obtain approvals, permits and licences necessary for investment projects under one umbrella and within a specific timeframe.

Cooperation Agreement

On the occasion, Madayn represented by Samail Industrial City, signed a cooperation agreement with Shumookh Investment and Services, and Industrial Innovation Academy. As part of the agreement, the new building will provide dedicated to incubating, supporting and empowering Small and Medium Enterprises.

The deal was signed by Eng Dawood bin Salim Al Hadabi, Director General of Samail Industrial City, Eng Musallam bin Juma’a Al Hudaifi, CEO of Shumookh Investment and Services, and Dr. Ayman bin Abdullah Al Fudhaili, CEO of Industrial Innovation Academy.

The agreement also points to the participation of these SMEs in workshops and events to enable the owners to run their projects efficiently and successfully, as well as organizing promotional campaigns for the incubators through various marketing platforms.

Madayn’s agreement with Shumookh Investment and Services, and Industrial Innovation Academy, is in line with its efforts to support and develop the SMEs in the Sultanate’s various governorates and demonstrates the Academy’s keenness to support and empower the growth of SMEs throughout their various development phases.

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