FINANCIAL NEWS

Oman to expose three new industrial estates

17 Jan 2016

(MENAFN) Oman intends to construct three new industrial estates, one each in Thumrait, Al Mudhaibi, and Shinas in order to diversify the nation’s economy and make working chances.

Moreover, work is underway in collaboration with different government agencies, especially the Ministry of Housing to finish the allocation of lands for Public Establishment for Industrial Estate (PEIE).

Additionally, Marmul and Qarn Al Alam are recently being studied, while hard work is needed to improve the current industrial estates in the Wilayats of Sur and Al Buraimi.

There are almost 900 existing projects recently in the industrial areas in the Sultanate, which work more than 15,000 regional people and there are 242 projects under building.

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