Saturday, August 31, 2024 | Safar 26, 1446 H
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EDITOR IN CHIEF- ABDULLAH BIN SALIM AL SHUEILI

MOCIIP offers investment opportunities in the industrial sector

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Muscat - The Ministry of Commerce, Industry, and Investment Promotion (MOCIIP) is offering 22 investment opportunities with the aim of raising the industrial sector’s contribution to the gross domestic product of the Sultanate of Oman.


These opportunities come in cooperation with the Oman Vision 2040 Follow-up Unit, the Oman Investment Authority, the Public Establishment for Industrial Estates (Madayn), the Petroleum Development Oman, Nama Holding Group, and Mazoon Dairy Company. manufacturing.


The ministry explained that the opportunities are in the areas of low voltage, manufacturing gas insulated switchgear, manufacturing air intake filters for gas turbines, raw materials for thermoplastic and thermosetting tubes, manufacturing measuring instruments, manufacturing control valves and actuators, manufacturing perforations for oil and gas applications and other fields.


MOCIIP said that investors can apply for these opportunities through the electronic platform with the availability of pre-purchase contracts for these opportunities.


The ministry confirmed that industrial investment opportunities come within the ministry's plans to develop the industrial sector by creating new economically feasible opportunities that help expand and diversify industrial facilities in the various governorates of the Sultanate of Oman.


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