Muscat – The Ministry of Commerce, Industry and Investment Promotion has stated that Dhakhliyah received 296 applications in the first half of 2023 to establish various kinds of foreign investment projects in the governorate.

According to Hilal bin Badr al Rashidi, Director of Department of Commerce, Industry and Investment Promotion in Dhakhliyah, there are ten investment opportunities available in different sectors in Dhakhliyah.

The volume of investment in the governorate reached RO29.2mn in the first half of this year.

Rashidi informed that the total number of commercial records submitted in H1 2023 was 26,507, compared to 25,847 in 2022, which was 7.7 per cent more than the 2021 annual figure of 23,994.

He added that 23 permits have been approved to hold exhibitions in various wilayats of the governorate this year, including specialised exhibitions, expos for national industries, consumer shows and entertainment festivals, compared to 14 exhibitions in 2022.

There were 321 applications for promotional offers and discounts this year.

“The Directorate of Commerce, Industry and Investment Promotion registered two Omani companies as closed joint stock companies with a capital of RO8mn,” Rashidi said.

The total number of projects in Nizwa Industrial City, with an investment volume of RO471mn, has reached 166, while Samail Industrial City has 156 projects with an investment of about RO155mn.