Muscat: The Public Establishment for Industrial Estates (Madayn) has experienced significant growth in its digital metrics over the last five years. This progress is evidenced by the successful execution of numerous essential projects that have played a crucial role in bolstering the national economy, aligning with Oman Vision 2040.
During this timeframe, Madayn also introduced its forward-looking initiative, “Madayn 2040,” aimed at attracting both foreign and domestic investments while creating job opportunities for Omani nationals.
Eng. Dawood Salim Al Hadabi, CEO of Madayn, reported that the total investment volume for Madayn reached RO 6.6 billion at the start of 2020. He noted that this figure rose to RO 7.6 billion by the end of the first half of 2024, marking an increase of RO 1 billion.
In comments to the Oman News Agency (ONA), Al Hadabi highlighted that Madayn has enhanced all existing industrial cities and established new ones over the past five years. He emphasized that the goal was to promote comprehensive and sustainable development across various governorates in the Sultanate of Oman, thereby strengthening the country’s status as a prominent regional hub for industrial transformation, information and communications technology, innovation, and business excellence.
Al Hadabi further explained that these objectives are intended to be achieved by attracting industrial investments, developing competitive strategies on both regional and global scales, establishing advanced infrastructure, offering value-added services, and streamlining government operations and procedures.
