MUSCAT – These projects represent a pivotal phase in the government’s efforts aimed at increasing the contribution of the industrial sector to the national economy and enhancing its ability to attract qualitative investments that support vital and promising sectors.
These projects are expected to contribute to an increase in industrial output of approximately RO 225 million by the end of 2026, in addition to providing hundreds of job opportunities for national cadres, boosting industrial exports, and creating new investment opportunities in downstream industries to support local value chains.
Last week, the Al Ghaith Chemical Industries Complex was inaugurated in Sur Industrial City with an investment volume nearing RO 50 million. It will serve as a feeder for the silicon and solar energy technologies industries by producing specialized chemical materials that contribute to securing supply chains for several vital sectors in the fields of oil and gas and various industries.
Sohar Free Zone will inaugurate the Polysilicon Plant this month with an investment of RO 615 million. This is a strategic project that reinforces the Sultanate of Oman’s direction towards manufacturing renewable energy technologies related to solar cells. Sohar Port will also witness the launch of the Sugar Refining Project with an estimated investment of RO 141.5 million to support food security and enhance national capabilities in food industries.
In Khazaen Economic City, the Animal and Fish Feed Factory will be inaugurated with an investment of RO 36 million to enhance the supply needs of the livestock and fisheries sectors, in addition to the Industrial Bread Factory with an investment of RO 25 million to support national food production and raise its competitive capacity.