Page 15 - OQ PR REPORT - FEBRUARY 2025

2/11/25, 8:50 AM Production gets underway at Ladayn Polymer Park
“Our partnerships with investors like MAPCO, M.A.K Sohar, and Multibond Metal LLC
highlight the strategic importance of Ladayn Polymer Park in the region. Through
initiatives like these, we are creating an integrated ecosystem that supports value-added
manufacturing, addresses global challenges, and enhances Oman’s industrial capabilities,”
said Mundhar Al Rawahi, Ladayn Park program leader.

Supply contracts

The companies have established supply contracts with OQ, ensuring consistent access to
high-quality raw materials at competitive prices which, along with the strategic
geographical advantage to markets through Sohar Port and the economic incentives of
Sohar Freezone, have made Ladayn Polymer Park an attractive location for companies
looking to expand in the region.

“We are strategically positioned with access to emerging markets in West Asia and Africa.
In addition, the park’s bespoke incentives, advanced infrastructure, and dependable raw
material supply from OQ create a thriving environment for businesses to succeed,”
added Al-Lawati. “We look forward to welcoming more investors and partners to the
park in 2025.”

Located in Sohar Industrial City, Ladayn Polymer Park spans an area of more than one
million square metres, and is a joint initiative between OQ, the Public Establishment for
Industrial Estates (Madayn), the National Programme for Investment and Export
Development (Nazdaher) and the Ministry of Commerce, Industry, and Investment
Promotion. It is designed to support economic diversification policies and attract
investment, in line with the objectives of Oman Vision 2040, develop local industries and
promote Omani goods and services, thereby boosting job creation and skills
development, especially in the plastics industry, and creating new opportunities for small
and medium enterprises (SMEs).

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