Oman's Industrial Parks Public Authority (Madayn) announced that the Ibri Industrial City project in Sultanate is progressing steadily, with more than 80% of the work in the first phase completed. Among the works done include road construction, water, sewage, storm water, communications and surveillance systems.

Ibri Industrial City covers an area of ​​270,000 square meters and currently has 28 projects with a total investment of over USD25 million (9.7 million riyals). According to Madayn, the project activities consist of construction materials, oil and gas services, food industry, manufacturing industry and production, service, warehousing and trade. Some of these local chemical companies have started production, and some will enter the implementation phase in the near future. Road paving works have been completed and service works are continuing. The sustainable alternative energy has been used in 303 lighting poles.

It is worth noting that Madayn has signed an agreement to build an integrated gas station covering an area of ​​40,000 square meters to be used in stages, including stations, gas stations, rest areas, truck and car places. The project will assist investors in Ibri Industrial City and travelers to Saudi Arabia. Al Mabsali (Director General of Ibri Industrial City) noted that investors are interested in taking advantage of Madayn's incentives that facilitate various types of investments, including two years of free rent for investors and 50% free rent for the next three years.