The industrial sector plays a fundamental role in Oman Vision 2040, representing a crucial component in the country’s economic diversification efforts and a top priority in executing Oman’s plans to broaden its sources of income. It serves as a vital tool for developing other economic sectors, fostering research and technological advancements, revitalizing small and medium-sized enterprises, boosting non-oil GDP, and leveraging innovation and knowledge to enhance national industries.

The Omani industrial sector has received significant attention, evident in the development of the industrial landscape in the Sultanate of Oman. This includes the creation of industrial and economic zones to attract investments and the establishment of a legislative framework through laws and regulations to nurture and advance the sector. Efforts to position Oman as a manufacturing hub involve actively promoting and attracting both direct and indirect foreign and local investments, contributing to increased employment opportunities and enhanced national capabilities through aligned training. Continuous initiatives support existing industrial establishments by facilitating product procurement, contingent on adherence to specified standards and quality, as part of an overarching strategy to cultivate a strong industrial landscape.

As the Sultanate of Oman continues its comprehensive development journey under the leadership of His Majesty Sultan Haitham bin Tarik, may God protect and preserve him, to implement operational plans and executive programs for the Industrial Strategy derived from the Vision Oman 2040, efforts persist in overcoming challenges to achieve targets and enhance the competitiveness of the sector and its associated indicators. Industrial institutions are poised for a qualitative leap that aligns with the requirements of implementing the future vision, primarily focusing on increasing local value-added through industrial endeavours.