Nizwa Industrial City attracts over $31 million in new investments

Nizwa Industrial City is experiencing a significant surge in investment, with 20 new projects worth over OMR12 million ($31 million) established in the first half of the year. These ventures, spread across more than 51,000 square meters, are set to bolster key sectors including oil and gas, chemical manufacturing, and medical supplies. This influx of investment is expected to add substantial value to the Governorate and the Sultanate of Oman as a whole.

Saeed bin Abdullah Al Balushi, Director General of Nizwa Industrial City, highlighted the city's strong performance. By the end of the first half of 2026, cumulative investments in the city are projected to surpass OMR560 million. Currently, 193 existing projects are operational, providing employment for 6,100 workers, with an Omanisation rate exceeding 45 percent. The city itself covers an expansive 7.2 million square meters.

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Madayn continues to work on implementing a group of vital projects in Nizwa Industrial City, such as launching a tender for consultancy studies for the residential area project.

Madayn is actively pursuing further development within Nizwa Industrial City. Plans include launching a tender for consultancy studies for a new residential area project. Additionally, efforts are underway to lease available spaces in the Madayn Entrepreneurial Complex, a dedicated facility for small and medium-sized enterprises (SMEs) holding a Riyada card. This complex, costing OMR1.2 million and covering 11,000 square meters, is a collaboration with the Small and Medium Enterprises Development Authority.

The first half of the year also saw the inauguration of several factories focused on medical and food supplies, oil and gas, and iron production. Environmental initiatives are also in progress, with 386 trees planted and plans for more, alongside an initial experiment with solar energy cells to reduce electricity consumption for an investing company. The Masar Services Centre acts as a unified investment window, streamlining procedures for investors to obtain necessary approvals and licenses, fostering an attractive business environment in Oman.

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The Masar Services Centre in Nizwa Industrial City is an investment window with a unified system to facilitate and simplify the procedures for investors to obtain all the necessary approvals, permits and licenses for their investment project in one place and within a specific time period.