Oman unveils 13 national projects valued at over OMR3bn

Oman Monday 29/November/2021 17:49 PM
Oman unveils 13 national projects valued at over OMR3bn

Muscat: Coinciding with the celebrations of the 51st Glorious National Day, Oman Investment Authority (OIA) has announced the opening of 13 national projects valued approximately at OMR3.5 billion.

The projects cover a number of key sectors, including energy, food security, manufacturing, mining, health and tourism services.

Nasser bin Sulaiman Al Harthi, Acting Vice Chairman of OIA said that the 13 projects reflected the strategy and objectives of the organisation which keep abreast of Oman Vision 2040.

“The projects add to the efforts aimed at diversification of the national economy and will help to attract investments and to further enhancing participation of the private sector with the OIA,” he said.

“The projects would create job opportunities for citizens and would achieve fiscal sustainability. These cover all governorates of the Sultanate and give a vital indication that the national economy is recovering from COVID-19 pandemic and reaffirms the rapid growth witnessed in all fields.”

The projects included Liwa plastic industries complex at Port of Sohar, liquefied petroleum gas project in Salalah, petroleum coke project in Sohar Free Zone, Ibri solar power plant and Al Morooj Dairy project.

These projects are aimed to bring under one umbrella all government and regulatory bodies concerned with inspection.

The Al Bashayer integrated project is for breeding cattle, sheep etc with an in-house slaughterhouse and a factory for meat products and three units for food processing and packing, a fish farming project at Qaroun area in Jalan Bani Bu Hasan, Khazaen Land Port, the first-of-its-kind at Khazaen Economic City, a mining project in the Wilayat of Liwa, Oman International Hospital, Karwa Bus Factory in partnership between Oman and Qatar and Nasim Resort Project at Al Jabel Al Akhdar.