MUSCAT : The OIA confirmed that the newly completed projects fall under its National Development Portfolio, which manages over 160 companies operating across strategic economic sectors. The portfolio focuses on boosting financial sustainability, supporting local industries, creating job opportunities, and strengthening Oman’s competitiveness regionally and globally.
In the water sector, Nama Water Services Company implemented four major projects to enhance transmission lines across Al Dakhiliyah, North and South Al Batinah, and North and South Al Sharqiyah governorates.
With a total cost exceeding RO 408 million, these projects aim to strengthen water supply to growing population and industrial zones and meet rising demand through 2040.
Works included a comprehensive transmission network linking stations and wilayats, strategic reservoirs, and pumping stations.
The project delivered local value worth over RO 112 million, of which RO 44 million went to SMEs, and created 698 direct Omani jobs.
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In the industrial domain, the Liwa Plastics Industries Complex, in partnership with Madayn, attracted nine private-sector projects valued at RO 39 million. Supplied with polymer feedstock by OQ Group, these projects will begin operations by year-end and are expected to generate over 500 direct and indirect jobs.
They will also enhance self-sufficiency by producing advanced polymer applications, ranging from engineering polymers and packaging materials to medical supplies, automotive components, and engineering industry products. This initiative supports Oman’s goals of stimulating foreign direct investment, promoting industrial localization, and empowering SMEs.
Supporting the nation’s food security agenda, the Dates Industrial Complex in Nizwa, developed by the Oman Agriculture Development Company, was completed at a cost of RO 17 million.
Spanning 35,000 sqm with an annual production capacity of 30,000 tonnes, the complex features integrated post-harvest facilities including transportation, sterilization, storage, sorting, packing and processing.
Built on an environmentally conscious design using solar energy and water recycling, the complex houses 18,000 sqm of production halls along with weighing and shipping stations.
It also markets Omani date products through three brands, Tamra, Nizwa, and Zad Al Dar, reaching consumers via cafés, retail outlets, and wholesale channels. The project generated 150 direct and indirect jobs and serves as a key hub for farmers supplying dates, vegetables and fruits.
Mulham bin Bashir Al-Jarf, OIA Vice President for Investments, affirmed that the projects reflect the authority’s commitment to driving economic diversification and supporting priority sectors under Oman Vision 2040.
He added that the geographic distribution of projects underscores the agency’s decentralization strategy, ensuring balanced development while enhancing local content, empowering SMEs, and creating business opportunities for citizens.
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