21 May 2013
Muscat: The Public Establishment for Industrial Estates's (PEIE) growth rates soared in various fields, as the total investment in the estates amounted to approximately OMR4.4 billion in 2012. The number of projects touched 1,287, out of which 184 are under construction and 377 have been allotted lands. Many of these projects are expected to start their operations in 2013-2014.
Hilal bin Hamad Al Hasani, chief executive officer of PEIE, provided details of the establishment's growth plans while informing the media that they would be hosting the Polyolefin Plastic Arabia Conference next week in Muscat. "The conference is expected to bring together more than 500 participants representing various local, regional, and international organisations related to plastics," said Al Hasani.
New industrial estates
PEIE's plans to distribute big projects throughout the governorates and wilayats of the Sultanate as part of its future long-term policies and programmes (2013-2025). It is conducting studies on the establishments of new industrial estates in Dhahirah, Musandam, Dhofar, Wusta, Batinah South, Buraimi, Dakhiliyah, and Batinah North.
He explained that the studies would take into account the population in the area, overall development of the Sultanate, access to transportation, availability of natural resources, and the recommendations of the government to develop certain governorates.
"PEIE initiated a long-term strategic plan (2013-2025) that included the investment programme of the establishment, as part of the comprehensive development plan of the Sultanate (2011-2015). In order to achieve the specific objectives set in the plan, the implementation period was divided into three phases -- the first phase will be from 2013 to 2016, the second phase will be from 2017 to 2020, and the third phase will be from 2021-2025," stated Al Hasani.
PEIE achieved positive results that were measured by the digital indicators of its investment programme. Al Hasani said, "Towards the end of 2012, investments in the estates amounting to OMR1,250 million were attracted.
"The total investments towards the end of 2010 amounted to OMR3.2 billion, and investments reached OMR4.45 billion by the end of 2012, recording a growth of 43 per cent.
"A total of 536 projects came up for investment in the industrial estates of the establishment, out of which 153 project were in Sumail Industrial Estate. By the end of 2012, the number of projects increased to reach 1,286, bringing the number of accumulated projects in the industrial estates to 2,950," added Al Hasani.
11,664 jobs
Al Hasani noted, "Around 11,664 job opportunities were created through existing and new projects. The total number of employees in the industrial estates was 22,000 at the end of 2010, and it increased to 33,664 by the end of 2012, an increase of 18 per cent of the target. The target was to provide 65,000 job opportunities, out of which 42,000 jobs were to be provided to the national manpower. With a growth rate of nearly 295 per cent, the accumulated job opportunities went up to 87,000.
Talking about PEIE projects to be implemented during the period 2013-2015 in the industrial estates, Hilal Al Hasani said, "With regard to Sumail Industrial Estate project, around 20 kilometres of unpaved roads were repaired, and the required designs and drawings were prepared to announce the tender which is currently being processed by the Tender Board."
He added, "The investment by the private sector is expected to touch OMR200 million, while the investment from companies which have signed agreements with the estate till date, is OMR52 million.
"Besides this, jobs opportunities expected to be available in the estate are 17,500 and the job opportunities in the projects which have already signed agreements are expected to be 7,100."
As for the Knowledge Oasis Muscat, it will be expanded in three phases. Phase one of the project will be construction of a round-up road, the detailed designs for which have been completed and shall be sent to the Tender Board for final approval.
Work is expected to start work on Phases 2 and 3 after completion of Phase 1 in 2015.
Muscat: The Public Establishment for Industrial Estates's (PEIE) growth rates soared in various fields, as the total investment in the estates amounted to approximately OMR4.4 billion in 2012. The number of projects touched 1,287, out of which 184 are under construction and 377 have been allotted lands. Many of these projects are expected to start their operations in 2013-2014.
Hilal bin Hamad Al Hasani, chief executive officer of PEIE, provided details of the establishment's growth plans while informing the media that they would be hosting the Polyolefin Plastic Arabia Conference next week in Muscat. "The conference is expected to bring together more than 500 participants representing various local, regional, and international organisations related to plastics," said Al Hasani.
New industrial estates
PEIE's plans to distribute big projects throughout the governorates and wilayats of the Sultanate as part of its future long-term policies and programmes (2013-2025). It is conducting studies on the establishments of new industrial estates in Dhahirah, Musandam, Dhofar, Wusta, Batinah South, Buraimi, Dakhiliyah, and Batinah North.
He explained that the studies would take into account the population in the area, overall development of the Sultanate, access to transportation, availability of natural resources, and the recommendations of the government to develop certain governorates.
"PEIE initiated a long-term strategic plan (2013-2025) that included the investment programme of the establishment, as part of the comprehensive development plan of the Sultanate (2011-2015). In order to achieve the specific objectives set in the plan, the implementation period was divided into three phases -- the first phase will be from 2013 to 2016, the second phase will be from 2017 to 2020, and the third phase will be from 2021-2025," stated Al Hasani.
PEIE achieved positive results that were measured by the digital indicators of its investment programme. Al Hasani said, "Towards the end of 2012, investments in the estates amounting to OMR1,250 million were attracted.
"The total investments towards the end of 2010 amounted to OMR3.2 billion, and investments reached OMR4.45 billion by the end of 2012, recording a growth of 43 per cent.
"A total of 536 projects came up for investment in the industrial estates of the establishment, out of which 153 project were in Sumail Industrial Estate. By the end of 2012, the number of projects increased to reach 1,286, bringing the number of accumulated projects in the industrial estates to 2,950," added Al Hasani.
11,664 jobs
Al Hasani noted, "Around 11,664 job opportunities were created through existing and new projects. The total number of employees in the industrial estates was 22,000 at the end of 2010, and it increased to 33,664 by the end of 2012, an increase of 18 per cent of the target. The target was to provide 65,000 job opportunities, out of which 42,000 jobs were to be provided to the national manpower. With a growth rate of nearly 295 per cent, the accumulated job opportunities went up to 87,000.
Talking about PEIE projects to be implemented during the period 2013-2015 in the industrial estates, Hilal Al Hasani said, "With regard to Sumail Industrial Estate project, around 20 kilometres of unpaved roads were repaired, and the required designs and drawings were prepared to announce the tender which is currently being processed by the Tender Board."
He added, "The investment by the private sector is expected to touch OMR200 million, while the investment from companies which have signed agreements with the estate till date, is OMR52 million.
"Besides this, jobs opportunities expected to be available in the estate are 17,500 and the job opportunities in the projects which have already signed agreements are expected to be 7,100."
As for the Knowledge Oasis Muscat, it will be expanded in three phases. Phase one of the project will be construction of a round-up road, the detailed designs for which have been completed and shall be sent to the Tender Board for final approval.
Work is expected to start work on Phases 2 and 3 after completion of Phase 1 in 2015.
© Times of Oman 2013
