MUSCAT: Mohsen bin Zahran al Hinai, Director-General of Al Rusail Industrial Estate, said the land plots of the first stage of the expansion of Al Rusail industrial Estate have been completely distributed and that work is under way to implement the infrastructure and service projects. He added that the cost of this stage stood at RO 32 million. He said in a statement to Oman News Agency (ONA) that due to oil price drop the government decided to freeze the second stage expansion, which will stretch over about one million square metres.
The value of investments in Al Rusail Industrial Estate now stands at RO 430 million. The number of existing factories now stands at 132, in addition to about 48 factories under way. The number of Omani workers now stand at 5,500 of about 14,000 workers in the estate with the Omanisation rate stands at 35 per cent; the stipulated Omanisation level at the industrial sector.He added that the first stage expansion will generate 3,500 jobs when operational. The expansion will thus contribute to the efforts made by the government to generate job opportunities for Omani job-seekers. — ONA
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