Exahertz secures government approval for its blockchain data center project in Oman

Exahertz secures government approval for its blockchain data center project in Oman

Exahertz, a Muscat-based start-up, has made significant strides in Oman's blockchain industry as it secures government approval for its massive blockchain data center project in Salalah.

With the backing of Axeron Capital Holding Ltd, Moonwalk Systems FZCO, and Shumookh Investment and Services, Exahertz aims to establish Oman as a leading blockchain hub in the Middle East, alongside its neighboring countries.

The Ministry of Transport, Communications, and Information Technology, along with the Authority for Public Services Regulations (APSR), are providing support for this ambitious venture, highlighting Oman's commitment to infrastructure development and job creation across various sectors. The government is actively working with Exahertz and other stakeholders to attract foreign investments and leverage submarine cables to propel Oman's digital economy.

Eng. Saeed Bin Hamoud Al Mawali, Minister of Transport, Communications and Information Technology said that the “Ministry of Transport, Communications and Information Technology seeks to build cooperative partnerships with leading local and international private sector entities in the various types of digital technologies, as the Ministry works to attract foreign investments in this ever-developing industry.”

Moreover, he added that “this effort will fulfil our expectations and goals for bolstering the Sultanate of Oman’s digital economy and making full use of submarine cables that connect the