The Public Authority for Industrial Estates (Mada'in) in the Sultanate of Oman has announced investment opportunities in the Mada'in Investment Parks project, which was recently launched. The opportunities include the development of 10 parks in four industrial cities: Sohar, Al Buraimi, Samail, and Sur. The investment complexes will focus on various industries, including food processing, plastics, and logistics.

On this occasion, Hilal bin Hamad Al-Hassani, CEO of the Public Authority for Industrial Estates in Oman, invited local and foreign real estate development companies to invest in the industrial sector and its supporting sectors, Al-Hassani explained that investors are responsible for constructing specialized industrial complexes based on preliminary plans whose designs have been approved by “Mada’in,” and then the developer markets the ready-to-use industrial and investment units, along with their facilities, to local and foreign companies for purchase or lease, enabling immediate operation once the new tenant or owner has installed their production lines.

The CEO of the Public Authority for Industrial Estates in the Sultanate of Oman noted that the Madayn Investment Complexes project aims to support industrial integration between small factories on the one hand and large factories on the other, as well as to encourage local and foreign investment in complementary industries due to their proximity and concentration within a single industrial city. This presents a good opportunity for small and medium-sized enterprises to enter the industrial sector through these investment complexes, where these enterprises will be able to purchase or lease small-scale real estate units that align with their operational capacity and production capabilities, based on pre-designed models suited to the various potential sizes of industrial projects.

Activities of the Madain Investment Complexes Project

Sohar Industrial City: Diversified, food, and plastics industries.

Al-Buraimi Industrial City: Miscellaneous and food industries.

Sama’il Industrial City: Diversified industries, food processing, and the logistics sector.

Sur Industrial City: Diversified industries and food processing.

Some facilities and incentives to promote investment in the “Madayn” investment complexes

– A 99-year usufruct rights contract.

– The right to sell the usufruct rights for the remaining term of the contract.

– The right to sell a portion of the property and bring in a co-owner.