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Reading: Suhar Industrial City signs 39 investment contracts worth over RO 214 million in H1 2026
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Suhar Industrial City signs 39 investment contracts worth over RO 214 million in H1 2026

spsingh
Last updated: August 9, 2026 11:12 am
By spsingh
5 Min Read
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Suhar Industrial City signs 39 investment contracts worth over RO 214 million in H1 2026
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Suhar Industrial City, affiliated to the Public Establishment for Industrial Estates (Madayn), received 49 investment applications during the first half of 2026, of which 39 contracts were successfully signed comprising 22 new contracts, 12 expansion contracts, four substitution contracts and one renewal contract. The total investment value of these contracts exceeds RO 214 million, covering projects spanning over 1.1 million sq m.

Eng Abdullah bin Ahmed al Mayasi, Director General of Suhar Industrial City, informed that the city’s cumulative investment volume has now surpassed RO 2.3 billion. “The total leased area has touched 16,285,914 sq m out of the city’s 19,856,507 sq m of developed area, while the overall area of Suhar Industrial City, including both developed and undeveloped land, stands at 30,487,399 sq m. Moreover, the total number of localised projects has increased to 497, employing approximately 12,671 workers”, Al Mayasi said.

Al Mayasi highlighted that the signing of an investment contract with Fujian Mansheng Industrial Investment Company to establish a ceramic manufacturing plant valued at RO 25 million as one of the city’s landmark projects during the first half of 2026. “This project will be developed over an area of 241,000 sq m and will feature three production lines, each with a daily production capacity of 30,000 sq m, bringing the total capacity to 90,000 sq m per day upon full operation. The factory will commence operations with an initial production capacity of 60,000 sqm per day”, he pointed out.

According to the project representatives, 25% of production will serve the local market, while 75% will be exported to the GCC countries and neighbouring markets. The ceramic manufacturing plant is expected to generate significant added value for the national economy by creating 500–600 job opportunities, including more than 150 jobs for Omani nationals, while facilitating knowledge transfer and supporting industrial development.

Al Mayasi further noted that the 93 MW renewable energy project currently under development at Suhar Industrial City represents a strategic milestone in advancing the Sultanate of Oman’s clean energy transition and supporting the sustainability and economic diversification goals of Oman Vision 2040. “Developed through a strategic partnership, the project aims to operate and manage the city’s clean energy distribution network efficiently while establishing an integrated billing governance framework and delivering energy services to investors in line with best international practices”, he said.

He elaborated that the project will provide direct value to investors by supplying clean energy at competitive prices and hence reducing electricity costs during solar generation hours, while ensuring uninterrupted electricity supply during night-time and non-solar periods. The project site has been allocated within Phase 7 in Suhar Industrial City and is planned to provide the integrated infrastructure required for renewable energy generation and distribution.

The project is also expected to deliver significant environmental benefits by reducing carbon dioxide emissions and generating savings in natural gas consumption, thereby supporting the Sultanate of Oman’s carbon reduction and energy security objectives. In addition, it will enhance the competitiveness of factories operating in Suhar Industrial City by helping them meet international environmental standards and emissions requirements, ultimately strengthening their export potential and supporting sustainable industrial growth.

Madayn is currently implementing several development projects at Suhar Industrial City, including a consultancy study for the rehabilitation of existing infrastructure and supporting services across Phases 1–6, as well as the completion of infrastructure works for Phase 7. Madayn also plans to implement a number of strategic projects under the 11th Five-Year Development Plan (2026–2030). These include a comprehensive infrastructure rehabilitation and service modernisation programme, the construction of integrated service facilities and buildings to support the management and operation of the industrial city, completion of consultancy services for the Integrated Aluminium Economic Cluster to strengthen industrial value chains and continued investment promotion campaigns to attract projects to Ladayn Polymer Park. The park has witnessed strong growth in recent years, driven by rising local and regional demand for plastic products and supported by the attractive investment environment provided by Madayn.

spsingh
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