Five agreements signed to boost industrial sector in Oman

Five agreements signed to boost industrial sector in Oman

Muscat – The Ministry of Commerce, Industry and Investment Promotion (MoCIIP) signed five agreements to boost the industrial sector on Thursday.

Celebrating Omani Industry Day, which focused this year on promoting local content and the initiatives of the manufacturing industries’ laboratory, the event also saw the launch of the Omani Product Logo and Oman Barcoding Centre.

H E Dr Saleh Said Massan, Undersecretary for Commerce and Industry in MoCIIP, said that by launching the international numbering system (barcode) for Omani goods and products, the ministry seeks to raise the efficiency of the supply chain, facilitate the sale and marketing of Omani products, unify the marketing identity of national products and encourage Omani industrial establishments to target new markets and raise local and foreign consumer awareness.

Among the pacts inked on Thursday was one MoCIIP signed with Al Baraka Petrochemical Salts for annual production of about 4mn tonnes of salt in the Al Lukbi region in Al Wusta. The project, spread on an area of 187.23 hectares, will increase total output to 7mn tonnes per annum in the final stage.

The second is a memorandum of understanding between OQ Group and the Public Establishment for Industrial Estates – Madayn – for development of an area