APRIL 29, 2023

OIA unveils 36 project opportunities worth RO 1.5 billion

MUSCAT: The ‘Invest in Oman’ hall currently showcasing a total of 36 investment opportunities floated by Oman Investment Authority (OIA) distributed across a number of sectors, with a total value exceeding RO 1.5 billion.

Hisham bin Ahmed al Sheedi, Director General of Economic Diversification at OIA, said the investment opportunities are distributed across the technology, services (electricity), tourism, logistics, fisheries and food, in addition to mining and the health sectors.

In an interview published in the Authority’s latest newsletter, he said the opportunities offered are a preliminary list that officials in Invest in Oman will be able to share specifics on to interested investors.

The list includes a number of technological projects centered on programming, engineering solutions and blockchain, in addition to tourism projects represented in the third phase of the Yiti Yenkit project, a multi-facilities entertainment destination in Barka, and a logistics project in the Airport Freezone at Muscat International Airport, in addition to projects related to enhancing food security and fisheries, including the cultivation of shrimp), fattening of tuna in floating cages, three factories for canning marine products, packing and wrapping fish, and the production of fish food.

The list also includes mining projects that include industrial minerals, copper, magnesium and silicon — ONA