Madayn CEO highlights record investments and digital progress on Omani Industry Day

Madayn CEO highlights record investments and digital progress on Omani Industry Day

Celebrating Omani Industry Day amidst a wave of digital transformation and industrial growth, the Public Establishment for Industrial Estates (Madayn) CEO outlined the corporation's achievements and ambitious plans.

The post Madayn CEO highlights record investments and digital progress on Omani Industry Day appeared first on The Arabian Stories News.Muscat – Engineer Daoud bin Salem Al Haddabi highlighted Madayn’s remarkable digitalization and industrial development progress during the past year. With investments exceeding RO 207 million in 2023 alone, Madayn’s total investment volume in industrial cities surpassed RO 7.4 billion, reflecting a commitment to fostering economic growth and attracting local and foreign investments.

The corporation’s focus on nationalized projects established 2,063 projects across various stages, employing over 55,000 workers, of whom 38 per cent are national cadres. These endeavours underline Madayn’s dedication to enhancing employment opportunities and empowering local communities.

Furthermore, Madayn’s latest initiative, the Mada’in Entrepreneurial Complexes Project, aims to support small and medium enterprises by providing model factories in industrial cities. This initiative aligns with the Sultanate’s vision for economic diversification and innovation, fostering a conducive environment for business growth and investment localization.

Madayn’s efforts in digital transformation have been commendable, with achievements reflected in its progress within the government’s digital transformation program. By