More than 70 investment projects planned across Oman

  • Date: 18-Apr-2022
  • Source: Zawya
  • Sector:Economy
  • Country:Oman
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More than 70 investment projects planned across Oman

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 private sector.”

For example, in the inner governorate of Al Dakhiliyah, where much of Oman’s agricultural activity takes place, a breakfast cereal manufacturing facility, a processing unit for poultry meat, a dairy and fruit juice production centre, a dates processing and packaging plant and a used oil refining unit have been planned.

To make sure that regional economies remain resilient, all the governorate have industrial and manufacturing units in their share.

Nizwa will be home to a prefab building plant, a heating, ventilation and air conditioning (HVAC) facility and centres that manufacture electrical sockets, switches and conductors, among others. As part of this planned expansion,