Oman’s Madayn launches Industrial Innovation Academy

Oman’s Madayn launches Industrial Innovation Academy

Oman’s Public Establishment for Industrial Estates, Madayn, has officially launched its Industrial Innovation Academy in the Knowledge Oasis Muscat.

The Academy has been set up to explore and study value-adding investment opportunities in various sectors, and develop and incubate these opportunities to enhance the local content.

Under the patronage of Dr Khamis bin Saif Al Jabri, Chairman of the Oman Vision 2040 Implementation Follow-Up Unit, the launching ceremony was attended by Dr Saleh bin Said Masan, Undersecretary of the Ministry of Commerce, Industry and Investment Promotion (MOCIIP) for Commerce and Industry and Chairman of Madayn's Board of Directors; and Asila bint Salim Al Samsamiyah, Undersecretary of Investment Promotion at MOCIIP.

Commenting on the launch, Hilal bin Hamad Al Hasani, CEO of Madayn said: “The academy aims at boosting the performance of factories in Madayn’s industrial cities, enhancing their operations through incorporating innovation components, as well as developing the skills of the national cadres. Besides, the Industrial Innovation Academy focuses on keeping abreast of current and future phases, unifying efforts, enhancing performance, reducing costs, and achieving sustainable and added value to the factories in Madayn’s industrial cities.”

On his part, Dr Hussain bin Suleiman Al Salmi, Chairman of Industrial Innovation Academy Board of Directors, pointed