More than 70 investment projects planned across Oman

More than 70 investment projects planned across Oman

The offered projects range from a whole range of sectors right from manufacturing and construction to research and recycling. Muscat: More than 70 projects relating to food security, oil and gas-related services, manufacturing, mining, construction, research and development and conversion of waste material into usable resources have been made available to investors across Oman. Listed on the 'Invest in Oman' portal of the Ministry of Commerce, Industry and Investment Promotion (MOCIIP), the programmes are spread across the length and breadth of the country and are aimed at attracting investment, pursuing economic diversification and expansion and creating more employment in the country. The projects are distributed across various governorates, based on the natural resources available there, so that setting up the required infrastructure becomes easier. Stressing the importance of creating a good business environment to encourage investors and get the above projects active at the earliest, Qais Al Yousef, Minister of Commerce, Industry, and Investment Promotion, said at a recent press conference that "the main objective of the ministry, through its initiatives and programmes, is facilitating business environment, improving services, supporting the national industries, promoting Omani products, encouraging investment opportunities in a unified manner, enhancing export and strengthening partnerships with the