Knowledge Oasis Muscat Attracts Over OMR8.5 Million in Projects
Translated from English, summarized and contextualized by DistantNews.
TLDR
- Knowledge Oasis Muscat (KOM) attracted projects worth OMR8.53 million in 2025, leasing over 21,000 square meters of space.
- The technology park's cumulative investment reached OMR276.88 million by the end of 2025, hosting over 100 companies in ICT and innovation.
- Several major projects are underway, including a multi-storey parking building and building renovations, totaling an estimated OMR30.8 million in ongoing investments.
Knowledge Oasis Muscat (KOM), the technology hub of the Public Establishment for Industrial Estates (Madayn), has demonstrated robust growth in 2025, successfully localizing a significant number of projects valued at OMR8.53 million. This influx of investment, coupled with the leasing of over 21,000 square meters, underscores the continued dynamism and attractiveness of Oman's technology and knowledge sectors.
The leased areas exceeds 21,000 square metres, which reflects the continuation of investment activity and the growing interest in investing in the technology and knowledge sectors.
Engineer Jaafar bin Ali Al-Ajmi, Director General of KOM, highlighted the park's impressive cumulative investment, which stood at approximately OMR276.88 million by the close of 2025. The Oasis, spanning over 759,000 square meters, currently houses more than 100 government, semi-government, and private entities focused on information and communication technology (ICT), innovation, and digital services. This concentration of expertise solidifies KOM's standing as a specialized center for the knowledge economy and advanced technologies, also hosting critical national and regional data centers, including those for cybersecurity and cloud services.
The total cumulative investment in the Oasis until the end of 2025 amounted to about OMR276.88 million, while the number of workers amounted to 1,671 Omani and 716 expatriate workers.
The ongoing development within KOM is substantial, with projects valued at an estimated OMR30.8 million currently in progress. These include a multi-storey parking building designed to accommodate 1,500 vehicles, expected to be completed by May 2027, and the refurbishment of Building No. 2, nearing 40% completion. Additionally, a multi-use investment building No. 7, intended for offices and commercial services, is 55% complete and slated for a Q1 2027 finish. These developments reflect Madayn's commitment to enhancing infrastructure and fostering an investment environment conducive to high-quality technical and knowledge-based projects within the Sultanate.
The Oasis also hosts a number of national and regional data centres belonging to government agencies, financial institutions and technology and communications companies, in addition to centres specialising in cybersecurity and cloud services, making the Oasis one of the largest clusters specialising in storing and hosting digital data in the Sultanate of Oman.
Originally published by Times of Oman in English. Translated, summarized, and contextualized by our editorial team with added local perspective. Read our editorial standards.