KHASAB: Total investments in Mahas Industrial City in Musandam Governorate have exceeded RO 41.7 million by the end of 2024, according to the Public Establishment for Industrial Estates (Madayn).
The city, located in the Wilayat of Khasab, spans an area of 1.5 million square metres and has seen the completion of key infrastructure works, including a 7-kilometre road network, sidewalks, solar-powered street lighting, water and sewage networks, a water tank, a sewage treatment plant, a guard gate, and a protective channel for the main valley.
Mubarak bin Salem al Ghailani, Acting Director General of Mahas Industrial City, reported that eight new projects were approved in 2024 with investments exceeding RO 2.5 million, covering more than 49,900 square metres. The city now has a total leased area of 229,600 square metres and employs around 320 people.
In 2024, three building permits were issued, along with several map approvals and work permits, all in line with Madayn's regulatory framework. Eight land surveying requests were also processed.
Al Ghailani also noted that construction is ongoing for the Madayn Pioneer Complex, which is intended to support startups and SMEs. Spread over 10,000 square metres, the complex will feature 10 ready-built, expandable factories, external parking, and full support facilities.
Mahas Industrial City aims to attract investments in food security, logistics, and light to medium industries. Its strategic location on the Strait of Hormuz and proximity to Khasab Port, Khasab Airport, and regional markets such as the UAE and Iran offer logistical advantages for investors. — ONA
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