Al Buraimi Industrial City Attracts Nearly RO 8 Million in New Investments for 2024

Muscat: Al Buraimi Industrial City has signed 16 new investment agreements in 2024, totaling RO 7.97 million and covering a land area of over 165,000 square meters. The deals span key sectors such as automotive oils, food and beverage production, bottled water, paper and cardboard products, and cosmetics manufacturing.

Saeed bin Abdullah Al Balushi, Director General of Al Buraimi Industrial City, stated that the city’s cumulative investments have now surpassed RO 274 million. He credited this growth to Madayn’s proactive initiatives in fostering a competitive, investor-friendly environment aligned with Oman Vision 2040—promoting economic diversification, sustainability, job creation, and SME development.

A significant infrastructure boost is underway through the Mahdha-Buraimi Road dualization project, being developed in coordination with relevant authorities. The upgraded route will link the two phases of the industrial city and is expected to streamline logistics and enhance accessibility for investors and commercial operations.

Further supporting talent development, Al Buraimi Industrial City has also signed a strategic cooperation agreement with Al Buraimi University College. This collaboration will promote industry-academia integration via joint events, training programs, and innovation-driven projects, preparing local youth for future roles in Oman’s growing industrial sector.

Covering more than 14 million square meters, Al Buraimi Industrial City holds a strategic location near the UAE border, providing direct access to GCC markets and major trade corridors. Proximity to critical ports like Sohar further strengthens its role as a key hub for regional and international investment.