Muscat: As part of its ongoing national strategy, the Ministry continues to enhance the investment environment by developing industrial policies and activating incentive tools aligned with sustainable economic development goals.
Engineer Khalid bin Salim Al-Qasabi, Director General of Industry, highlighted that maximizing the benefits of incentives, particularly customs exemptions, remains a key priority. These exemptions play a crucial role in reducing operational costs for industrial establishments and strengthening their competitiveness in both local and global markets.
Al-Qasabi further emphasized the importance of enabling Omani factories to adopt technologies linked to the Fourth Industrial Revolution, describing it as a vital pillar for improving productivity and operational efficiency. This technological shift is supported through targeted incentives aimed at driving innovation across the sector.
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He also noted that the industrial exemptions team serves as a core component of this strategy by raising awareness among businesses about available incentives and ensuring compliance with regulatory frameworks.
In line with these efforts, the Ministry has announced the launch of a joint national team for customs exemption procedures for 2026. The initiative includes periodic field visits to monitor implementation, enhance coordination among stakeholders, and improve operational efficiency.
Over the past five years, Oman has issued 1,327 customs exemption decisions, underscoring the growing role of industrial incentives in driving sectoral growth.
Engineer Saud bin Saeed Al-Jabri revealed that 402 exemption decisions were issued in 2025 alone, marking a 4.4 percent increase compared to 2024. Additionally, 79 field visits were conducted to industrial facilities benefiting from these exemptions to ensure compliance with regulatory standards.
Al-Jabri explained that these visits also serve as a platform for direct engagement with businesses, allowing authorities to gather feedback, address challenges, and refine procedures. He added that the Ministry plans to intensify both regulatory and awareness efforts in the coming phase, while strengthening coordination among relevant entities.
