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Ibri Industrial City Attracts OMR25 Million in Investments by Mid-2026
๐Ÿ‡ด๐Ÿ‡ฒ Oman /Economy & Trade

Ibri Industrial City Attracts OMR25 Million in Investments by Mid-2026

From Times of Oman · () English

Translated from English, summarized and contextualized by DistantNews.

At a glance

News Official statement New plan
  • Ibri Industrial City in Oman attracted investments totaling OMR25 million by the end of June 2026.
  • Seventeen investment contracts were signed, covering over 250,000 square meters for projects in oil and gas, food, and manufacturing.
  • Future development plans include a complex for SMEs, expanded green spaces, and enhanced infrastructure, aligning with Oman Vision 2040.

Ibri Industrial City, a key development under the Public Establishment for Industrial Estates (Madayn), has successfully attracted approximately OMR25 million in investments by the close of the first half of 2026. This significant influx of capital underscores the city's growing importance as an industrial hub within the Al Dhahirah Governorate.

Madayn continues to strengthen the cityโ€™s investment climate by attracting quality investments and working closely with relevant government bodies to unlock the economic potential of Al Dhahirah Governorate.

โ€” Salah bin Nasser Al AlawiThe Director General of Ibri Industrial City discusses efforts to boost investment and economic potential.

Seventeen investment contracts have been finalized, encompassing a total area exceeding 250,000 square meters. These projects span diverse and crucial sectors, including oil and gas, food processing, and various manufacturing industries, from heavy to light production. Salah bin Nasser Al Alawi, Director General of Ibri Industrial City, highlighted the ongoing efforts to enhance the city's investment climate.

"Madayn continues to strengthen the cityโ€™s investment climate by attracting quality investments and working closely with relevant government bodies to unlock the economic potential of Al Dhahirah Governorate," Al Alawi stated. He further noted the launch of 11 investment opportunities in food manufacturing and organic fertilizer production through the Tharawat platform, in collaboration with local agricultural and water resources directorates. These opportunities were also promoted on the Tatweer platform to broaden their reach.

As part of these efforts, 11 investment opportunities in food manufacturing and organic fertiliser production have been launched through the Tharawat platform in cooperation with the Directorate General of Agriculture and Water Resources in Al Dhahirah Governorate.

โ€” Salah bin Nasser Al AlawiAl Alawi details specific investment opportunities launched to attract businesses.

Looking ahead, Madayn has outlined ambitious projects for Ibri Industrial City under the 11th Five-Year Development Plan (2026โ€“2030). These initiatives include constructing a security fence, an administration building, and a Madayn Entrepreneurial Complex in partnership with the SMEs Development Authority. Additionally, projects for protecting the city's service area and expanding green spaces are planned. Ibri Industrial City, spanning 10 million square meters with over 2.6 million developed, benefits from a strategic location near Saudi Arabian and UAE borders, offering an integrated environment conducive to industrial, commercial, and service sector growth, all contributing to the objectives of Oman Vision 2040.

These opportunities have also been featured on the Tatweer platform in collaboration with the Directorate General of Housing and Urban Planning to expand their reach, attract investors, encourage value-added projects, create job opportunities, and contribute to the objectives of Oman Vision 2040.

โ€” Salah bin Nasser Al AlawiAl Alawi explains the strategy to promote investment opportunities and their contribution to national goals.
DistantNews Editorial

Originally published by Times of Oman in English. Translated, summarized, and contextualized by our editorial team with added local perspective. Read our editorial standards.