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Oman s Shumookh mulls $10bn refinery, petchem project in Sur

Oman’s Shumookh mulls $10bn refinery, petchem project in Sur 1187205 SHARE Shumookh Investment and Services (SIS), the investment arm of the wholly Omani government-owned Public Establishment for Industrial Estates (Madayn), says it is exploring plans to establish a world-scale refinery and petrochemicals complex in Sur Industrial City in Oman’s South Al Sharqiyah Governorate. The proposed refinery and petrochemical complex is expected to have a processing capacity of 300,000 barrels per day, surpassing that of the 230,000 bpd Duqm Refinery project currently in the early stages of implementation in the Special Economic Zone (SEZ) in Duqm on Oman’s Wusta coast. The cost of the proposed mega venture in Sur is a ballpark $10 billion.

Investments in Sur Industrial City cross OMR 1 5 billion | Times of Oman

Investments in Sur Industrial City cross OMR 1 5 billion | Times of Oman
timesofoman.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from timesofoman.com Daily Mail and Mail on Sunday newspapers.

Sur Industrial City reveals prospects for nanotechnology-related industries

Sur Industrial City reveals prospects for nanotechnology-related industries By: Times News Service Muscat: Dr Rahma bint Ibrahim Al Mahrouqiyah, Minister of Higher Education, Research and Innovation, Qais bin Mohammed Al Yousef, Minister of Commerce, Industry and Investment Promotion, and Dr Saleh bin Said Masan, Undersecretary of the Ministry of Commerce, Industry and Investment Promotion for Commerce and Industry visited recently Sur Industrial City, which falls under the umbrella of the Public Establishment for Industrial Estates – Madayn. The visit aimed at highlighting the efforts made to link the academic and industrial sectors, bridge the outputs of higher education institutions with the needs of the investing companies in the industrial cities of Madayn, encourage cooperation in the fields of scientific research and innovation between the ministry and the industrial cities and facilitate training opportunities for higher education students in the companies and factories

Madayn to float tenders for new industrial city in Oman

Madayn to float tenders for new industrial city in Oman MUSCAT, February 9, 2021 Oman s Public Establishment for Industrial Estates (Madayn) will soon float tenders for the development of a new industrial city within Al Dhahirah Governorate of the sultanate, said a report.    The company move comes following the completion of the detailed design work for the proposed new industrial city which will come up over a sprawling 10-million-sq-m area in Ibri, reported the   Work is under way on the project as per the planned timeframe, and investors wishing to set up their projects in Ibri can apply through Madayn’s investment portal, stated Engineer Nasser Al Mabsali, Director-General of Ibri Industrial City.

Madayn Vision 2040 targets 10,000 projects with an investment of OMR15bn

Madayn Vision 2040 targets 10,000 projects with an investment of OMR15bn By: Times News Service Muscat: The Public Establishment for Industrial Estates (Madayn) on Tuesday launched its Madayn Vision 2040 to achieve OMR15 billion of investment and localising 10,000 projects in various fields by the end of the plan. “Of these projects, we aim at localising 6,500 industrial projects (factories) that shall provide around 270,000 job opportunities,” Hilal bin Hamad Al Hasani, CEO of Madayn, said. He pointed out that Madayn Vision 2040 is derived from the national priorities and goals of Oman Vision 2040 for the coming period. He was speaking at the Oman Convention and Exhibition Centre at an event under the patronage of His Excellency Qais bin Mohammed Al Yousef, Minister of Commerce, Industry and Investment Promotion.

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