Oman’s Public Establishment for Industrial Estates (Madayn) plans to invest more than RO245 million ($637 million) in infrastructure and development projects across the sultanate’s industrial cities between 2026 and 2030 as part of efforts to boost investment and support economic diversification, said its top official.

These projects form part of an expanded phased plan aligned with Oman Vision 2040 and its long-term “Madayn 2040” strategy, remarked the company CEO Dawood bin Salim Al Hadabi, while outlining its expanded phased plan for 2026-2030.

The plan is aimed at strengthening the country’s industrial base and generating economic growth across Oman’s governorates.

It includes about 90 strategic projects focused on infrastructure upgrades, industrial city expansion and improvements to the business environment, Madayn said.

The project scope covers comprehensive rehabilitation and infrastructure upgrades at Suhar Industrial City; Phase One infrastructure work at Al Suwaiq Industrial City and infrastructure rehabilitation at Al Wadi Al Kabir Industrial City.

The scope of work also includes residential area rehabilitation and Phase Five expansion at Nizwa Industrial City and residential and commercial zone development at Al Rusayl Industrial City.