Great news for business people in Oman
Muscat: 50 new investment opportunities for economic development have been introduced in Oman.
According to a report by a foreign news agency, the Omani Ministry of Commerce Qais bin Mohammed Al Youssef inaugurated new investment opportunities. Investors who want to contribute to Oman’s industrial development have new avenues.
Omani Secretary of Commerce and Industry Dr. Saleh bin Saeed says industrial development is an important part of Oman Vision 2040, which aims to reduce dependence on exports and build a resilient economy.
“We would like to emphasize the commitment of the Ministry of Commerce, Industry and Investment Promotion with all partners for this strategic partnership, which will provide better investment opportunities to local and foreign investors,” he said. Steps are being taken for
Officials say that Vision 2040 will target investment in specific areas, will also help in the development of future technology projects and the development of industrial opportunities in the petrochemical sector is also part of the planning.
The 50 new investment opportunities provided in Oman include mining and quarrying activities, food products, paper and paper products, chemicals, electrical equipment, rubber and rubber products, waste disposal and management, metallurgy And heating and cooling unit assembly