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FINANCIAL NEWS
Oman to invest more in developing industrial estates
10 Feb 2016
(MENAFN) Oman intends to invest in improving new industrial estates and enlarge existing ones to meet the increasing need for industrial plots from entrepreneurs.
Moreover, the Public Establishment for Industrial Estates (PEIE) aims to construct three industrial estates- one each in Thumrait, Shinas and Al Mudhabibi.
Additionally, there are also ongoing expansion projects for more developing existing industrial estates, which will support expand the nation’s economy.
“Now we are waiting for final approval for further expanding Sumail industrial estate. The existing industrial plots are fully occupied,” said Chief Executive.
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