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Government lays out economic investment roadmap for Oman

By: Times News Service
Diversification and raising foreign direct investment into the country are two of the objectives of Vision 2040.
Muscat: 50 industrial projects will be set up as part of continued efforts to diversify and encourage investment across multiple sectors of Oman’s economy.
“The industry sector has worked on the idea of setting up 50 projects, at a total value of OMR200 million, to enhance local contribution,” said Qais Mohammed Al Yousef, the Minister of Commerce, Industry and Investment Promotion. “Involved in its development were Petroleum Development Oman (PDO) and the Public Establishment for Industrial Estates (Madayn).”
The minister was speaking at a press conference organised to discuss the various plans drawn up by the Ministry of Commerce, Industry and Investment Promotion (MOCIIP) to promote trade and investment, increase competitiveness, and develop a knowledge-based economy. ....

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MoCIIP and Madayn sign agreement

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Oman, Madayn in deal to boost Masar service units

Oman, Madayn in deal to boost Masar service units
MUSCAT, 18 days
ago
Oman s Ministry of Commerce, Industry and Investment Promotion has signed an agreement with the Public Establishment for Industrial Estates (Madayn) to set up a framework for facilitating investment-related procedures, licences and approvals for the investors and business owners through Madayn’s Masar Service Centres in the various industrial cities.

Masar aims to enhance flexible, easy and transparent dealings between the business community and the government, and also provide a reliable and secure environment for the companies to conduct day-to-day transactions with the concerned bodies.

Madayn had last year inaugurated Masar Service Centres in Al Rusayl and Suhar Industrial Cities and is currently working on inaugurating Masar Service Centres in all the industrial cities. ....

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HM the Sultan Award for Industrial Excellence announced

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Oman Business: Madayn plans to develop world-class business cities by 2040

Oman's Public Establishment for Industrial Estates (Madayn) today (January ....

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