• Oman

    • Oman’s Ministry of Commerce launches 22 investment opportunities in Industrial sector

    By on January 17, 2022
    Oman’s Ministry of Commerce launches 22 investment opportunities in Industrial sector
    Oman’s Ministry of Commerce launches 22 investment opportunities in Industrial sector

    Muscat(ONA): The Ministry of Commerce, Industry and Investment Promotion has unveiled 22 Investment opportunities in the industrial sector as part of the 100-strong initiative launched last year.

    The initiative is being undertaken in cooperation with Oman Vision 2040 Implementation Follow-up Unit, Oman Investment Authority, the Public Establishment for Industrial Estates (Madayn), Petroleum Development Oman (PDO), Name Holding group and Mazoon Dairy company.

    The launch ceremony was held under the auspices of Qais Mohammed Al Yousef, Minister of Commerce, Industry and Investment Promotion.

    Dr, Saleh Said Al Masan, Commerce, and Industry Undersecretar, said that the second package of investment opportunities in the industrial sector provides pre-purchase contracts, in addition to a 10% preferential treatment opportunity to enhance in-country added value.

    On her turn, Aseels Salim Al Samsami, Undersectary of Investment Promotion, said that investors top the priorities of the Ministry. She added the investment promotion sector at the Ministry is willing to act on behalf of investors in finalizing all their procedures in record time.

    Then, Sami Salim Al Sahib, Director-General of Industry at the Ministry, gave a visual presentation about the second package of industrial opportunities. He added that the batch includes 15 opportunites endorsed by PDO, with total purchases of products equivalent to RO 44 million, 5 opportunites by Nama RO 70 million and two opportunities from Mazoon RO 600.000.

    more recommended stories

    Terms of Use:

  • This website Arabian Daily is an individual’s property, not used for any commercial or sales purposes. What you see here are one’s random thoughts in action. I, by no means, endorse any product or party through this, unless stated explicitly.
  • All work you will find here is copyrighted unless stated otherwise. No part of this work can be reproduced in any way with the exception of a) if you share our work, it should link back to this website; b) if you quote any part of our work, it should be properly credited to us with a link to this website.
  • All images used on this website have been taken from open source image websites on the Internet. If any of them are copyrighted to you and you want us to take them down or add credits, please feel free to contact us here, or by using the contact form on this page.
  • The views expressed on Arabian Daily are solely ours. They do not represent any party or any particular school of thought. This website does not promote racism in any form.
  • Privacy Policy:
    This website will respect the readers’ and the writer’s privacy. We do not sell any of their personal or contact information to another company. We do not put your information on spam lists. Also, and more importantly, we are not responsible for the privacy practices of any of our advertisers or website commenters.
  • Reserve Rights: We reserve the right to change the focus on this website, to shut it down, sell it or to change the terms of use at our own discretion.