Raysut Industrial City localises nine projects worth over OMR6.5mn

Raysut Industrial City, operating under the Public Establishment for Industrial Estates (Madayn), has announced the localization of nine new industrial projects with a total investment value exceeding OMR 6.5 million. This development follows a period of significant interest from the private sector, with the authority confirming it received 27 investment applications during the recent period.

The new projects are set to be established within the Raysut industrial hub, a key component of Oman’s broader strategy to diversify its economy and enhance manufacturing capabilities. By localizing these investments, Madayn aims to bolster domestic production, create job opportunities for the local workforce, and strengthen the industrial supply chain within the Dhofar Governorate.

Madayn continues to provide infrastructure and regulatory support to attract both local and foreign investors to its various industrial estates across the Sultanate. The approval of these nine projects reflects the ongoing efforts to streamline the investment process and foster a business-friendly environment in line with Oman Vision 2040. Further details regarding the specific nature of the localized projects are expected to be released as the facilities move toward the implementation phase.