Oman Business: Gen Z Omani micro-manufacturers chip in well – Gulf Digital News

  • Date: 15-May-2022
  • Source: Gulf Digital News
  • Sector:Economy
  • Country:Oman
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Oman Business: Gen Z Omani micro-manufacturers chip in well – Gulf Digital News

At the heart of Oman Vision 2040 is manufacturing, representing 9.5% of GDP, employing over 200,000 people and exporting to more than 130 countries.

The power of automation and the dropping of the costs of tools are altering the landscape of how things get made in Oman. In fact, the micro-manufacturing sector is part of a much larger creative economy that represents 3% of global GDP, creating around 30 million jobs and generating over $2 trillion in revenue.

This will be the topic of discussion at Wednesday evening’s Tejarah Talks at the Civil Aviation Authority in Al Hail North.

From car batteries, cables, footwear, ceramic tiles, sanitary ware to luxury fragrances, the products manufactured in the sultanate are incredibly diverse.

New Life

Breathing new life into the sector is the growth of Gen Z managed micro-manufacturers - small Omani businesses typically employing fewer than 10 people that are catering to a specialised market, one generally neglected or forgotten by larger companies. They are often innovative twists on old ideas, completely new innovations or throwbacks to lost ways of doing things.

According to Maymuna Al Adawi of the Ministry of Commerce, Industry & Investment Promotion (MoCIIP) and Tejarah Talks organiser, though small in size, many of these