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EDITOR IN CHIEF- ABDULLAH BIN SALIM AL SHUEILI

Buraimi Industrial Estate attracts RO 218 million in investments

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Investments in Buraimi Industrial Estate aggregate around RO 218 million as of 2017-end, bolstered by as many as 45 lease agreements for new projects concluded last year, according to Abdullah al Mayasi, Director General of the hub.


Speaking at an event hosted by the Public Establishment for Industrial Estates (PEIE) in cooperation with the Buraimi Chapter of Oman Chamber of Commerce and Industry (OCCI), he said an integrated residential area for the estate’s workforce will be built on a 75,000 sq metre plot. A further 300,000 sq metre area has been earmarked for industrial workshops and stores. Additionally, PEIE is investing in improvements to drainage systems, electronic monitoring, and a modern sewage network and treatment plant at the estate.


A number of local investors attended the meeting, which was presided over by Hilal bin Hamad al Hasani, Chief Executive Officer of PEIE. Addressing the gathering, Al Hasani said the Establishment has been according great importance to the private sector’s role in developing industrial parks in the Sultanate. In line with this goal, the PEIE is enlisting the support of the private sector in the development, management and operation of industrial estates and economic areas that fall under the Establishment’s purview.


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