News

Muscat, January 2023:  The Ministry of Commerce, Industry and Investment Promotion (MoCIIP), in cooperation with the Oman Vision 2040 Implementation Follow-up Unit and the Academy of Industrial Innovation, will kick off tomorrow, Monday, 2nd January 2023, the starting works of the Laboratory for Manufacturing Industries and Future Industries.
The lab will be under the patronage of   His Excellency Qais bin Mohammad Al-Youssef, Minister of Commerce, Industry and Investment Promotion (MoCIIP) , in the presence of a number of Their Excellences, government sector officials and representatives of the private sector.

The lab, which will last until the 26th of this month January, will address the challenges faced by projects, and impediments to investment opportunities in the industrial sector.

It will also seek to develop practical solutions for the challenges which are facing the investment in manufacturing sector projects, thus, will contribute to improve the investment environment in the concerned sector.
It is hoped that such laboratories will enhance the governance of projects and initiatives related to the industrial sector, in cooperation with the relevant authorities.
The lab  will discuss 6 main topics , which include , the investment opportunities  , the  future industries, the industrial strategy, governance and enablers of the industrial sector, in addition to the outputs of clinics to solve the problems of the manufacturing sector that were organized last December.
H E Dr Saleh bin Said Masan, Undersecretary for Commerce and Industry at MoCIIP, emphasized that, “The lab is a continuation of previous efforts and pursuits of  MoCIIP, to find the best solutions and practices to meet the challenges facing the local manufacturing sector.
His Excellency added: Within the framework of evaluating the industrial strategy 2040, experts from the United Nations Industrial Development Organization (UNIDO), the Gulf Organization for Industrial Consulting (GOIC) and the Arab Planning Institute were invited, in addition to a number of planning experts concerned with the manufacturing sector and partners from the public and private sectors.
The call for this group of experts aims at evaluating the industrial strategy and identifying the challenges that obstruct the implementation of its outputs and programs, through evaluating and reviewing the methodologies and research methods that were used to identify the priority industries and challenges and turn those challenges into capabilities.
The topic of evaluating the industrial strategy also seeks to review policies, key performance indicators, programs, operational plans and costs.
As for the topics of the investment opportunities, the lab will discuss more than 160 projects in medium and high technology, oil and gas and other natural resources, health, environment, minerals and metals, and food, in addition to preparing an implementation framework for more than 15 empowering initiatives in the industrial sector, in coordination with the relevant authorities from the governmental, private and academic sectors.
Representatives of governmental and private entities related to projects, investment opportunities and initiatives related to the industrial sector will participate in the laboratory work.