Sohar Industrial Estate investments rise to OMR 1.85bn in 2015

Mubasher: Sohar Industrial Estate recorded investments worth OMR 1.85 billion in 2015, higher from OMR 1.81 billion in 2014, according to a recent issued statement.

The number of investors in Sohar has grown to 269 in 2015 as compared to 243 in 2014. In addition, the number of workforce in the estate increased to 12408 from 12202 in the previous year. 

The accomplishment of infrastructure project of Sohar Industrial Estate expansion (phase 7) exceeded 30% by June 2016, and is expected to be completed by mid-2017, said director of Projects’ Department at Public Establishment for Industrial Estates (PEIE) Nasser Al Mabsali.

Meanwhile, the cost of phase 7, which commenced in June 2015 and covers an area of 8,500 million sqm, is estimated at about OMR 19.68 million, Al Mabsali added.

“PEIE is responsible for developing and managing seven prime industrial estates namely Sur, Sohar, Raysut, Nizwa, Al Buraimi, Al Rusayl, Sumail, in addition to the Knowledge Oasis Muscat (KOM) and Al Mazunah Free Zone,” according to the statement.

 

Mubasher Contribution Time: 17-Jul-2016 07:01 (GMT)
Mubasher Last Update Time: 17-Jul-2016 07:01 (GMT)