SUR: North Al Batinah emerges as a strategic player in Oman's economic landscape, driven by a commitment to sustainable development and effective governance aligned with Oman Vision 2040.
The governorate's strategic location, coupled with its diverse economic components, forms a solid foundation for sustainable growth.
Emphasising sustainable practices in mining, agriculture, and fisheries, it ensures resource longevity while fostering economic prosperity. The mining sector further enhances its economic landscape, with metallic minerals like copper and chromium, and non-metallic minerals like limestone and kaolin contributing significantly.
In 2023, fishery production stood at 69,407 tonnes, agricultural at 1,024,420 tonnes, and livestock at 188,543 tonnes.
Sheik Mohammed Al Kindi, Governor of Al Batinah North says, “We are keen to share the annual report that reflects the positive improvement in the economic performance indicators of Al Batinah North and the wide participation in different sectors, due to the governance system and decentralised administration given to the governors and the Municipal Councils Law."
"Efforts have been made from individuals, civil society institutions, the private sector, and local administrations during 2023 to achieve outstanding results, emphasising the importance of participation. We are glad to share this valuable information that motivates everyone to contribute towards achieving competitive advantage and improving services for citizens and all residents,” he added.
Governance plays a pivotal role empowering local communities and businesses to drive innovation and progress.
Transparent and efficient resource management supports the governorate's competitive advantage, attracting investments and facilitating economic diversification.
Aligned with 'Oman Vision 2040', North Al Batinah Governorate prioritises environmental conservation, renewable energy adoption, and infrastructure development. Initiatives like the Sohar Free Zone and investment-friendly policies propel industrial growth, creating employment opportunities and enhancing economic resilience.
For instance, Port of Sohar handles over 3,000 ships annually. The governorate also hosts 1,900 companies from 55 countries, with investments totaling RO 11 billion.
Renewable energy sources, industrial zones like Madayn and Sohar Free Zone, and a robust trade sector underscore its competitiveness. Trade volume reached RO 18.4 billion, contributing 2.1 per cent to the national local production.
Due to the role of sustainable development principles and strong governance frameworks, the governorate not only achieves competitiveness but also contributes significantly to Oman's vision of a thriving and resilient economy by 2040.
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