Friday 03 / May / 2024
Muscat: The CEO of the Public Establishment for Industrial Estates 'Madayn' said that the economic stimulus plan will be a real start for the Omani economy in light of the global recession caused by the Covid-19 pandemic
A statement issued online by Oman News Agency (ONA), said: "Hilal Al Hasani, CEO of the Public Establishment for Industrial Estates "Madayn" is confident that the economic stimulus plan approved by His Majesty Sultan Haitham Bin Tarik will be a real start for the Omani economy in light of the global recession caused by the pandemic and the drop in oil prices."
The CEO of Madayn explained in a statement to ONA, "The incentives provided by the economic stimulus plan will directly contribute to localising new investments and attracting foreign investments, especially as it coincides with the launch of Madayn 2021-2025 plan, which will witness the start of establishing industrial cities and new business cities."
