Oman’s Public Establishment for Industrial Estates (Madayn) has inaugurated of the Al Mazunah Free Zone Development project and the Facility Building project. They are an indication of Madayn’s ongoing commitment to enhancing infrastructure and positioning Al Mazunah Free Zone as a vital economic centre in alignment with Oman Vision 2040.
The opening ceremony was held under the auspices of Ahmed bin Hassan Al Dheeb, Deputy Chairman of the Public Authority for Special Economic Zones and Free Zones, in the presence a senior officials. Speaking at the event, Said Zabnoot, Director of Investor Services at Al Mazunah Free Zone, said that Madayn has completed the implementation of Al Mazunah Free Zone development project (Phase 1 “Package 2”, and Phases 2 and 3). The project covers a total area of 1.5 million sqm, with a total cost reaching RO 6 million.
“The developed area of the free zone now spans 3 million sqm out of a total area exceeding 15 million sqm. The developed lands are ready for investment and equipped with basic services,” he stated. Zabnoot pointed out that this project underscores Madayn’s dedication to realising the strategic vision of transforming the free zone into a thriving free economic zone, thereby bolstering its regional competitiveness in attracting global investments.
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