BUSINESS REPORTER
MUSCAT, JUNE 26
The Public Establishment for Industrial Estates (Madayn) inaugurated the facility building and Masar Service Centre in Samayil Industrial City under the auspices of Hilal bin Hamad al Hasani, CEO of Madayn.
Developed at a cost of nearly RO 4.5 million and featuring more than 16,000 sqm of space, the facility building consists of 8 floors (ground + 7 floors) with a rental area exceeding 12,000 sqm. The building will offer space dedicated to public and private bodies, commercial stores, banks, cafes and restaurants, food court, telecom companies, among other services.
Besides, Masar Service Centre was inaugurated on the ground floor to enhance the level of services offered to investors by accelerating and simplifying procedures, reinforcing ties with partners to provide integrated services to investors, as well as strengthening relations with the investors to ensure a safe and ideal business environment. Masar features an integrated platform to obtain approvals, permits and licenses necessary for investment projects under one umbrella and within a specific timeframe.
A cooperation agreement was signed between Madayn, represented by Samayil Industrial City, Shumookh Investment and Services, and Industrial Innovation Academy. Designed for dedicating space in the Facility Building to incubate, support and empower Small and Medium Enterprises, the agreement was signed by Eng Dawood bin Salim al Haddabi, Director General of Samayil Industrial City, Eng. Musallam bin Jumaa al Hudaifi, CEO of Shumookh Investment and Services, and Dr Ayman bin Abdullah al Fudhaili, CEO of Industrial Innovation Academy.
Meanwhile, Madayn is implementing several key projects in Samayil Industrial City including the medical fitness examination project, which is expected to be opened in December this year, in addition to the Medical Clinic. Madayn is also constructing a dual-lane road linking Samayil Industrial City with the expressway.
This year, Samayil Industrial City has received 10 industrial, service and commercial investment applications, of which seven got localised. These investments will support the creation of new job opportunities for the nationals. The current total area of Samayil Industrial City touches 7.8 milliom sqm and the leasable land area reaches 5.6 million sqm, of which 2.1 million sqm have been leased.
