real estate

Oman to start work on new industrial, infrastructure projects

December 28, 2020

Omani authorities have announced that work is set to start early next year on a number of industrial, economic and infrastructure projects at Sur Industrial City.

The private sector led investments include a boatyard complex, a residential township for the industrial park’s labour force, and a new sewage treatment plant, reported the Oman Observer.

“More investment opportunities will be announced in 2021 for the private sector in health and hotel support services, and vehicle/truck maintenance centre,” said Engineer Abdulqadir bin Salim al Balushi, Director General of Sur Industrial City.

The investments in Sur Industrial City have now hit RO2.045 billion ($5.3 billion), up 0.67 per cent compared to the same period last year, stated Al Balushi.

The workforce at the industrial city too has increased to 4,111 individuals with Omanisation rate hitting 49 per cent.

The total number of localised projects reached 127 by mid-2020, and the total area of Sur Industrial City reached 36.1 million sqm, which makes it the largest industrial city in terms of area, he added.

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