Sur Industrial City explores investment opportunities

Sur Industrial City explores investment opportunities

Muscat: Sur Industrial City has concluded a project of exploring investment opportunities in the major industries operating in the industrial city.This is in line with the efforts made by the Public Establishment for Industrial Estates – Madayn to localise investment projects and provide job opportunities for the national cadres.Supported by Oman LNG, Oman India Fertiliser Company (OMIFCO) and Phoenix Power Company, this project aims at creating value-added projects and consequently link them to the needs of the major factories as part of the plan adopted by Sur Industrial City to promote circular economy and supply chain efficiency.Eng. Abdulqadir bin Salim Al Balushi, Director General of Sur Industrial City, stated that this project represents an output of a study that was carried out last year with the aim of boosting investment volume in the industrial city.“It is worthwhile to mention that Oqood Business Development, a company incubated at Madayn's National Business Centre, implemented this project,” Al Balushi noted, adding, “The promotional campaign of the investment opportunities in South Al Sharqiyah governorate will be launched by the beginning of next year in coordination with the concerned bodies.”He added that Sur Industrial City is planning to hold a meeting by the beginning of