Oman’s Sohar Industrial City (a Madayn subsidiary) has announced that it will host six new investment projects in the second half of 2025, with a total value exceeding 27 million OMR (USD 70.2 million). Covering a combined area of over 162,000 m², the projects span several sectors, with steel industry investments standing out.
The city signed a contract with Sultan Al Sheedi Engineering Projects for a steel project valued at 1 million OMR (USD 2.6 million) on a 3,843 m² site. Additionally, an agreement was finalized with Steel Company for Trade and Investment for a second steel project worth 600,000 OMR (USD 1.56 million) covering 8,760 m². These investments are seen as a critical step in strengthening Sohar’s steel production and processing capacity.
Beyond steel, Sohar Industrial City also signed contracts for a 25 million OMR (USD 65 million) oil industry facility, a 400,000 OMR (USD 1.04 million) marble and tiles project, a 150,000 OMR (≈USD 390,000) food industry investment, and a 150,000 OMR (USD 390,000) wood processing facility.
Industry experts highlight that these new investments, including the steel projects, significantly enhance the region’s industrial production capacity while offering valuable business and partnership opportunities for investors and supply chain stakeholders.
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