Oman to establish four new industrial cities under 2026-2030 development drive
Dubai: Oman’s Public Establishment for Industrial Estates (Madayn) is moving ahead with plans to establish four new industrial cities across the Sultanate as part of the five-year development plan (2026-2030), expanding industrial investment beyond existing economic centres. The new industrial cities will be developed in Al Suwaiq in North Al Batinah, Al Mudhaibi in North Al Sharqiyah, Thumrait…
Oman's Public Establishment for Industrial Estates, Madayn, is set to create four new industrial cities as part of its five-year development plan from 2026 to 2030. These industrial cities will be established in Al Suwaiq, Al Mudhaibi, Thumrait, and Mudhaffar, stretching industrial investment beyond existing economic hubs. The initiative aligns with Oman Vision 2040, aiming to boost economic and development priorities, particularly promoting sustainable cities and economic diversification.
Speaking about the projects, Khalid bin Sulaiman Al Salehi, General Manager of Marketing and Commercial Affairs, highlighted that these initiatives are aimed at enhancing Oman's investment climate and fostering sustainable economic growth. Madayn considers various factors such as geographical balance and the potential to enhance a governorate's competitiveness and economic edge before establishing these cities.
The expansion is also expected to spur private-sector involvement, attract a skilled labor force, and promote the sustainable use of natural resources, contributing to Oman's broader economic diversification.
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