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EDITOR IN CHIEF- ABDULLAH BIN SALIM AL SHUEILI

Opportunities abound for SMEs in Electric Vehicle market

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Muscat, jan 20 - The Sultanate’s nascent Electric Vehicle market has the potential to open up promising investment and business opportunities for Omani small and medium enterprises (SMEs), according to the head of the Public Authority for SME Development (Riyada).
Dr Ahmed Mohsin al Ghassani (pictured), CEO, said the Authority was working with a number of Omani government and public sector stakeholders in unlocking opportunities for SMEs in the lead up to the roll-out of Electric Vehicles on a significant scale in the Sultanate.
“SMEs in Oman have many opportunities for investment in the eMobility space,” said Dr Al Ghassani. “As Electric Vehicles need charging stations, we see the potential for some SMEs to specialize in the construction of charging stations. Another promising area relates to the maintenance, upgrade and repair of electric batteries, for example. Likewise, the maintenance of electric cars will require investments in suitably designed garages (that are different from conventional auto garages). These garages will require people with specialist knowledge and skills to operate.”
The official was speaking to journalists on the sidelines of the eMobility Forum, a day-long event that has attracted key figures from various public and private sector organisations eager to jumpstart the growth of a viable EV market in Oman. Riyada is a key sponsor of the forum, which was organised by Global EVRT, a UK-based organisation that seeks to accelerate the adoption of Electric Vehicles for the creation of smart and sustainable societies.
Riyada will seek to tap specialist expertise from abroad to help in the training of Omani SMEs in prospective areas of the EV market, Dr Al Ghassani added.



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