Sandan Industrial Park launched in Oman
The $260m project is expected to complete by mid-2018
The Oman-based Sandan Development has announced the official launch of its 250,000 sqm light industries park, which will cater to various commercial segments.
The Sandan Industrial Park will include 2,300 workshops and showrooms for building materials and the automotive sector, 450 offices and 1,400 residential units for workers.
Built at a reported cost of OMR100 million ($260m), the project is expected to be complete by mid-2018.
Units will be offered on direct sale and buyers will also have the opportunity to pay in interest-free instalments extending for 18 months.
Facilities available for the 15,000 people expected to reside in the park include a hypermarket, restaurants and hospitals.
Naser al Rashdi, CEO at Sandan Development commented saying: “The project is an unprecedented idea that emerged from the need of the sultanate for a modern and integrated city with a host of commercial activities and supported by all necessary services for residents.
“Our team made great efforts to this end. The project management team has been in talks with concerned bodies and entities to offer special services for entrepreneurs and investors. We aim to help young Omani entrepreneurs establish their businesses in the area.”
