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EDITOR IN CHIEF- ABDULLAH BIN SALIM AL SHUEILI

Oman Manufacturers Association to get feedback on entrepreneurs' challenges

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Musscat: Oman Manufacturers Association unveiled its plans on Wednesday, including field visits from January to all the industrial zones in the Sultanate for feedback on the challenges faced by entrepreneurs.


"It is an important step to meet with the manufactures and listen to their opinions and feedback, and involve them in everything related to the industrial sector in the Sultanate and communicate with the related parties to highlight directly the concerns of the manufacturers and the challenges facing them and propose appropriate solutions," the officials said.


The press conference was attended by Hussain bin Salman bin Ghulam al Lawati, chairman; Hilal bin Abdullah bin Mohammed al Hinai, vice chairman and Eng Saeed bin Nasser al Rashedi, CEO.


The Sultanate's industrial sector is of great importance to the Omani economy. It plays a vital role in promoting diversification, supporting economic growth, and creating investment opportunities and employment opportunities. The contribution of the industrial sector reached 11 per cent of GDP, there are currently 46,000 workers in the sectors, out of which 17,000 are nationals, with makes about 36 per cent of the total workforce, they said.


The Sultanate will rely heavily on this sector, which is one of the most promising sectors in the ninth five-year plan, to be a major supporter of the economic growth in the Sultanate, especially in light of the current economic circumstances with its various challenges.


In view of this importance to the industrial sector, a group of manufacturers in the Sultanate have undertaken to contribute to the visions, hopes and aspirations to enhance its growth, increase its contribution to the GDP and participate in the decision-making industry. They also sought to establish the Oman Manufacturers Association, which was officially registered by Decision No. 70/2018 on April 30, 2018.


 


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