Industry in Oman gets incentives to boost growth

Energy Saturday 02/December/2017 19:01 PM
By: Times News Service
Industry in Oman gets incentives to boost growth

Muscat: The industry sector is one of the top priority sectors for the state as it plays an important role in economic development.
The Sultanate relies heavily on the sector in diversifying sources of national economy.
The government has and is still attaching a special care for the development of this sector by providing it with incentives and facilities to make it a driving force and one of the main sources of income.
‘Invest Easy’
Eng. Mahmoud bin Shanun Al Suti, Acting Head of the Industrial Licences at the Directorate General of Industry at the Ministry of Commerce and Industry said that the number of industrial licences that were registered through ‘Invest Easy’ e-portal during the period from June to the end of October 2017 stood at 702.