Invest · Why invest in MAI
An airport next door, a convention centre that already fills the calendar, hotels that already trade and a thirty-year plan aligned with Oman Vision 2040.
(01)Competitive advantages
Madinat Al Irfan combines what most new cities have to wait years for: demand already on site, an airport next door and infrastructure planned ahead of each phase.
Location
OCEC and the hotel quarter sit 4 km from Muscat International Airport, Oman's main international gateway. Delegates, guests and goods arrive in minutes rather than hours.
Explore OCEC4 km
From OCEC to Muscat International Airport
Demand engine
The exhibition halls opened in June 2016. Today the 3,200-seat auditorium, the largest fixed-seating auditorium in the GCC, five column-free halls and 55+ meeting spaces bring visitors who need rooms, tables, offices and services.
Investment opportunities55+
Flexible meeting spaces at OCEC
National alignment
The plan answers each of the four Vision 2040 priorities: people and society, economy and development, governance and institutional performance, and a sustainable environment.
Our vision2040
The horizon of Oman Vision 2040
Long-term plan
Madinat Al Irfan is planned over about 30 years in five to six phases, with roads, utilities and district cooling planned ahead of each one. OCEC is already served by a district cooling plant of 32,500 refrigeration tons, the largest in Oman.
The masterplan30 years
Masterplan horizon, in five to six phases
Built-in demand
More than 11,000 homes and about 700,000 m² of offices are planned, with around 100,000 m² of retail. Every phase adds customers, tenants and employees for the businesses around them.
Residential communities11,000+
Homes planned
Proven today
JW Marriott Hotel Muscat and Crowne Plaza Muscat OCEC trade today with 599 rooms between them, linked to the convention centre. New investment joins a destination that already works.
Stay in MAI599
Hotel rooms operating today
(02)Incentives
Two national frameworks matter most to investors in Madinat Al Irfan. Both are set by the Government of Oman, and both depend on your sector, activity and profile.
Up to 100%
Oman's Foreign Capital Investment Law of 2019 allows international investors to own up to 100% of a company in many sectors. Some activities are excluded or carry conditions, so eligibility is confirmed case by case.
Foreign Capital Investment Law, 2019
Long-term
Oman offers long-term residency to qualifying investors, giving founders, executives and their families a stable base in the country while their projects grow.
Set by the Government of Oman
(03)Illustrative case studies
Three illustrative scenarios showing how investment routes could work in Madinat Al Irfan. They are not past transactions: the parties, figures and timelines are hypothetical.
A regional hotel investor with an international operator
The investor wants a business hotel where midweek demand is already proven, beside a convention centre and minutes from an international airport.
Why MAI
Indicative journey
Indicative outcome
An upscale business hotel of around 320 keys, busy midweek with delegates and at weekends with families from the new neighbourhoods.
(04)Investor questions
The questions investors ask us most often. For anything specific to your project, the investment team will answer directly.
Ask the investment teamOMRAN Group, part of the Oman Investment Authority portfolio, was appointed by the Government of Oman in 2014 as master developer. It plans the city, delivers its infrastructure phase by phase and partners with investors on individual plots and projects.
Madinat Al Irfan
MAI investor pack
Madinat Al Irfan · Muscat
(05)Investor pack
The masterplan, a market overview, the land catalogue, partnership models and a summary of national incentives, prepared for investment committees and advisers.
Next step
Meet the investment team at OCEC, tour MAI East and see the land on offer for yourself.
