Ladayn Polymer Park Powers Oman's Industrial Growth with $155 Million Investment
Deal News | Feb 09, 2025 | Zawya

The Ladayn Polymer Park, spearheaded by OQ, is set to become a central player in Oman's drive towards industrial sustainability and innovation. With a total investment almost reaching $155 million across 16 production agreements, the park highlights the growing importance of local manufacturing and reducing import dependency. Three companies, including Omani pioneer Madayn Plastic Company and international players M.A.K Sohar and Multibond Metal LLC, are transitioning from construction to production phases, with operations beginning in 2025. These corporations bring expertise and are poised to create direct jobs, further enhancing the self-sufficiency of Oman’s polymer industry. Strategically located with access to raw materials and major markets through Sohar Port, the park is well-positioned to address the evolving needs of the industry and attract future investments, solidifying Oman's role as a regional industrial hub.
Sectors
- Polymer Manufacturing
- Energy
Geography
- Oman – The Ladayn Polymer Park is based in Oman and is part of a broader economic strategy to improve local manufacturing and reduce import reliance.
Industry
- Polymer Manufacturing – The article focuses on the development of Ladayn Polymer Park, which will host multiple factories dedicated to polymer production and innovation.
- Energy – OQ, the energy investment group involved, brings its expertise in managing energy value chains, providing raw material supply and strategic investments in renewable technology to this project.
Financials
- $155 million – The total investment in Ladayn Polymer Park across 16 agreements.
- $42 million – Combined investment by the three companies transitioning to production.
- $8 million – Investment by Madayn Plastic Company to produce FFS bags.
- $11 million – Investment by M.A.K Sohar for a facility in Sohar Free Zone.
- $23 million – Investment by Multibond Metal LLC for advanced polymer solutions.
Participants
Name | Role | Type | Description |
---|---|---|---|
OQ | Organizer | Company | An energy investment group leading the establishment of Ladayn Polymer Park and ensuring supply chain efficiency. |
Madayn Plastic Company (MAPCO) | Manufacturing Company | Company | An Omani company investing $8 million to produce Form Fill Seal (FFS) bags, part of the park's initiative to bolster local manufacturing. |
M.A.K Sohar | Manufacturing Company | Company | A German company investing $11 million to provide high-performance chemical solutions at the park, leveraging cutting-edge technology. |
Multibond Metal LLC | Manufacturing Company | Company | A Chinese-Indian joint venture investing $23 million focused on advanced polymer solutions for heat resistance and surface protection. |
Orient Planet Group (OPG) | PR and Media | Company | The public relations group handling media inquiries for OQ. |