Investment volume in Rusayl Industrial City exceeds RO 766 mln in first half of 2023

Muscat: Al Rusayl Industrial City witnessed remarkable growth during the first half of the current year 2023, as the cumulative investment volume in it exceeded RO 766 million with a growth rate of 1.62 percent compared to the same period last year.

Eng. Mohsen bin Zahran Al Hinai, CEO of Al Rusayl Industrial City Company, said: The city acquired 10.5 percent of the total cumulative investment volume in the industrial cities affiliated with the Public Establishment for Industrial Estates “Madayn,” while the number of investment contracts in the industrial city reached 484 contracts, including 368 industrial, 23 commercial, 24 services, 46 logistics, 6 real estate, 16 basic service providers, and one development contract.

He added in a statement to the Oman News Agency: These contracts were distributed among 396 productive projects in various sectors such as: chemicals, electric batteries, building materials, fiber optic cables, foodstuffs, textiles and ready-made clothing, stationery, dyes, filters, furniture, and others. In addition to 32 projects under construction, 4 completed projects, and 52 projects for which the contract was signed, while 19,854 workers are working in these projects, with an Omanization rate of 34 percent, indicating that the total area of ​​Rusayl Industrial City is 10 million and 866 thousand square meters.

Eng. Mohsen bin Zahran Al-Hinai confirmed that the Public Establishment for Industrial Estates “Madayn” continues to implement a group of vital projects in the Rusayl Industrial City, as part of its constant endeavor to provide more incentives and services that facilitate the process of local and foreign investment in its industrial cities and promote the growth of industries related to the sector. industrial sector in the Sultanate of Oman, which will reflect positively on the national economy and achieve the “Oman 2040” vision. In this regard, he pointed out that several vital projects were recently completed in the Rusayl Industrial City, most notably the second phase expansion project, which had a total cost of 33 million Omani riyals, and was implemented on a total area of ​​2.4 million square metres, as the project is located along the current city.

From the southern side, it aims to develop the city’s internal roads, and develop infrastructure facilities such as electricity, water, and communications companies, rainwater drainage and sewage networks, and other services needed by investment, industrial and logistical growth in the city, serving more than 120 plots of land allocated to investors with a rental area of ​​approximately 1.7 One million square meters, through an integrated infrastructure that provides advanced services.

He said that the implementation of internal roads in Rusayl Industrial City has been completed, which will enhance the flow of traffic and provide a link between the current industrial city and the main road between the governorates of Muscat and Al Dakhiliyah, as the project includes developing and constructing an 11-kilometre road network with the provision of working street lighting systems and poles. Solar energy to enhance the sustainable environment, guidance panels, road markings, and other elements to enhance traffic safety, in addition to providing pedestrian paths on both sides of the road.

He added that within the second phase expansion project, a sewage station with a capacity of 4,800 cubic meters per day was established, connected to a sewage network and a rainwater drainage network, in addition to a 15-kilometre-long water network for human use and fire extinguishing, in addition to extending electrical power lines along the length of the project. 11 km, and a communications network that reaches all plots of land. The project to rehabilitate the entrances to the Rusayl Industrial City was also completed, with a total cost of two million Omani riyals and a length of 2.6 km. Two entrances to the industrial city and three to the logistics area were created so that traffic movement would be smooth at all times.

Eng. Mohsen Al-Hinai pointed out that the implementation of the first phase expansion project (Logistics District), which was built on a total area of ​​500,000 square metres, and at a total cost of 2.8 million Omani riyals, was also completed, in addition to a number of value-added projects that will be added to the city of Rusayl.

Industrial city during the coming period, such as providing all companies investing in the industrial city with a fiber optic network and fifth generation (5G) services, as the industrial city signed a memorandum of cooperation with Omantel in this aspect with the aim of enhancing and strengthening the communications service and contributing positively to accelerating the manufacturing and production process for the companies and factories located. Within the scope of the industrial city, the work of this project is expected to be completed during the first quarter of 2024.

Terms of Use:

  • This website Arabian Daily is an individual’s property, not used for any commercial or sales purposes. What you see here are one’s random thoughts in action. I, by no means, endorse any product or party through this, unless stated explicitly.
  • All work you will find here is copyrighted unless stated otherwise. No part of this work can be reproduced in any way with the exception of a) if you share our work, it should link back to this website; b) if you quote any part of our work, it should be properly credited to us with a link to this website.
  • All images used on this website have been taken from open source image websites on the Internet. If any of them are copyrighted to you and you want us to take them down or add credits, please feel free to contact us here, or by using the contact form on this page.
  • The views expressed on Arabian Daily are solely ours. They do not represent any party or any particular school of thought. This website does not promote racism in any form.
  • Privacy Policy:
    This website will respect the readers’ and the writer’s privacy. We do not sell any of their personal or contact information to another company. We do not put your information on spam lists. Also, and more importantly, we are not responsible for the privacy practices of any of our advertisers or website commenters.
  • Reserve Rights: We reserve the right to change the focus on this website, to shut it down, sell it or to change the terms of use at our own discretion.