• Oman

    • Samail Industrial City localizes 3 new projects worth more than RO 8 million

    By on May 8, 2024
    samail
    samail

    Samail: Samail Industrial City, an affiliate of the Public Establishment for Industrial Estates “Madayn”, signed three new investment contracts to localise projects in the fields of water desalination, building materials, and plastics, with a total investment value exceeding RO 8 million.

    The three projects will cover a total area of approximately 50,000 sqm. The new projects aim to generate job opportunities for national cadres and supply both local and international markets with top-notch products manufactured utilising cutting-edge technologies, thereby boosting the national economy.

    The first agreement was signed with Tasnee Metal Company to set up a project for manufacturing water treatment and desalination equipment on a plot covering 10,045 sqm with an investment of RO 4,850,000.

    The second contract was signed with Prism Global Company, to establish a project focusing on the manufacturing of gypsum, cement and adhesives on a 19,865 sqm area and with an investment of RO 1,800,000.

    Further, the third agreement with Future for Plastic Industries involves establishing a project for manufacturing plastic and rubber products. With an investment of RO 1,400,000, this project will be located on a land area of 20,000 sqm.

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