MUSCAT: The Public Establishment for Industrial Estates (Madayn) has inked a Memorandum of Understanding (MoU) with China’s Shandong Shanzuo Holding Group Co Ltd to develop and promote strategic cooperation in diverse areas that serve the interests of the two sides. The MoU was signed remotely by Hilal bin Hamad al Hasani, CEO of Madayn, and Lillian Shi,.