Latest news with #SurIndustrialCity
Muscat Daily
08-07-2025
- Business
- Muscat Daily
Sur Industrial City attracts investment worth $25mn
Sur – Sur Industrial City has signed a contract with Al Ghaith Industries for the establishment of a factory for the production of Trichlorosilane. As per this agreement, the city, under the Public Establishment for Industrial Estates 'Madayn', will receive an investment of over US$25mn for the facility to be built on an area of 20,000sqm, officials informed. This value-added project is set to boost the growth of the chemical and energy sectors in the sultanate, they added. Nasser al Mabsali, Director General of Sur Industrial City, said that the project would open new horizons for high-purity silicon manufacturing, which is the cornerstone of renewable energy and electronics industries. 'This investment represents a significant value addition to South Sharqiyah governorate in general and Sur Industrial City in particular. The project will support the localisation of advanced technology-based industries and create employment opportunities for Omani cadres,' Mabsali pointed out. Almamoon al Baadani, CEO of Al Ghaith Industries, highlighted that the Trichlorosilane plant represents a major milestone in the sultanate's chemical sector. 'This will be the first facility of its kind in the Middle East, and several projects are planned over the coming years, thanks to Oman's attractive investment environment,' Baadani said. He noted that the factory's commercial production is expected to commence by the end of the first quarter of 2027, expressing gratitude to the management of Madayn, represented by Sur Industrial City, for their efforts in facilitating the investment process and advancing the industrial sector.
Observer
08-07-2025
- Business
- Observer
New trichlorosilane plant to boost chemical sector in Sur
SUR: Sur Industrial City, part of the Public Establishment for Industrial Estates (Madayn), has signed an investment agreement with Al Ghaith Industries Company to establish a trichlorosilane production facility. Spanning 20,000 square metres, the plant involves an investment exceeding RO 9.6 million ($25 million). The project adds significant value by supporting the development of Oman's chemical and energy industries. It aims to localise advanced-technology-based manufacturing and create various job opportunities for Omani nationals. Engineer Al Mamoun al Badani, CEO of Al Ghaith Industries and Eng Nasser bin Hamoud al Mabsali, Director General of Sur Industrial City, sign the agreement. Engineer Nasser bin Hamoud al Mabsali, Director General of Sur Industrial City, stated the project opens new prospects in high-purity silicon production and serves as a foundation for renewable energy and electronics sectors. He noted its strategic contribution to both the South Al Sharqiyah Governorate and Sur Industrial City. Meanwhile, Engineer Al Mamoun al Badani, CEO of Al Ghaith Industries, said the plant marks a major milestone in Oman's chemical manufacturing landscape. He confirmed that commercial production is expected to start by the end of the first quarter of 2027. — ONA
