Industrial establishments urged to submit their data by this date

Oman Monday 03/July/2023 12:16 PM
By: ONA
Industrial establishments urged to submit their data by this date

Muscat: The Ministry of Commerce, Industry and Investment Promotion called upon industrial establishments to speed up the submission of their data for the past three years of 2020, 2021 and 2022 before the end of July 2023, the end of the date set for the Industrial Survey.

The periodic industrial survey, which this year targets 969 industrial establishments, seeks to provide an updated, comprehensive and accurate database of industrial establishments in the Sultanate of Oman to find advanced indicators to monitor and measure the performance of the industrial sector in a way that enhances transparency.

The survey also aims to identify investment opportunities and raise the percentage of the local content of the sector. Its data is used in devising plans, policies, development programmes and other objectives that serve the development and meet the public interest.

Eng. Sami Salim Al Sahib, Director General of Industry at the Ministry, said that 186 establishments and factories submitted their data by the middle of June 2023. He urged target companies and factories to submit their data as scheduled to avoid legal action.

Al Sahib pointed out that annual surveys of industrial establishments are an essential part of an integrated system for national industrial statistics. It provides data about each licensed industrial establishment whose investment cost exceeds OMR5,000 and employs more than nine workers, he explained.