Muscat, The Sultanate represented by the Ministry of Commerce and

Industry (MoCI) marks the Omani Industry Day which falls on February 9th each year to

commemorate the visit of His Majesty Sultan Qaboos Bin Said to Al Rusail Industrial Estate

on February 9th in 1991.

Dr. Ali bin Masud al-Sunaidi, Minister of Commerce and Industry will meet on February

10th at the Sheraton Hotel with industrialists and industry professionals.

Eng. Sami bin Salim al-Saheb, Director General of Industry at MoCI said that the meeting

will discuss the challenges facing the industrial sector and the requirements of the coming

stage to increase the contribution of industrisal sector to the GDP and enhance economic

development. He pointed out that the Ministry is going ahead with its plans to update the

industrial development strategy and enhance the industrial sector governance. It also

seeks to enhance the value added for some local industries to enhance the status of the

local industry on the local, regional and global levels.

He added that MoCI is currently activating the application for the In-Country-Value (ICV)

program in the Sultanate in coordination with the relevant authorities benefiting from the

leading experience of PDO in implementing the ICV Program with all the company

contractors.

On his part, Said bin Nasser al-Rashdi, CEO of the Omani Industrialists Association said

that the meeting with the Minister of Commerce and Industry provides an ideal platform for

sharing ideas about the best solutions for the challenges facing industrialist. It is also an

opportunity to express thanks for the services and facilities provided by MoCI last year.

He added that the challenges require stakeholders to sit together to look for effective

solutions to address and eliminate such challenges. He noted that the collaboration of all

stakeholders will lead to achieving the prospective outcomes and ensure better future for

industry and industrialists.

On his part, Eng. Hamdan bin Hamoud al-Qassabi, Regional Manager of Al Hilal Industrial

Group said that the meeting provides the opportunity to review the achievements made by

the Omani industry and its contribution to the GDP. It is also an opportunity to review the

government future trends with relation to industry, as well as the current and future

challenges facing the Omani industry and the proposed solutions for them.

On his turn, Hamad bin Nasser al-Farsi, Director General of Jindal Shadeed Iron & Steel

said that the meeting with industrialists provides an opportunity to share views and ideas on

how to face challenges facing the sector and promote the best practices that develop the

sector. The meeting also contributes to enhancing continuous communication between the

MoCI and Industrialists.

Source: Oman News Agency