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MoCIIP unveils RO39mn projects backed by offtake deals

30 May 2026

Muscat – The Ministry of Commerce, Industry and Investment Promotion (MoCIIP) has unveiled a RO38.9mn package of industrial investment opportunities backed by guaranteed offtake agreements, aimed at reducing investor risk, improving project bankability and accelerating the development of manufacturing ventures aligned with confirmed market demand.

Announced through Invest Oman, the opportunities are open to both local and international investors and include pre-purchase arrangements under which designated entities commit to purchasing part or all of a project’s output. The initiative is intended to provide investors with greater certainty over future revenues, facilitate access to financing and enhance opportunities for strategic partnerships.

The investment package spans a range of manufacturing sectors and healthcare-related production activities. The projects have been developed based on technical and economic studies assessing domestic demand and export potential.

Among the opportunities is a refrigerator manufacturing plant valued at RO6.545mn, to be established on a 10,000sqm site. The facility will produce domestic, commercial and industrial refrigeration units.

A textile and fabric manufacturing project worth RO4.608mn is also being offered on a 10,000sqm site, with the objective of increasing local production and reducing reliance on imports. The package also includes a computer and accessories manufacturing plant valued at RO6.152mn across a 10,000sqm site to meet growing demand for digital technologies, as well as a stationery and office supplies factory worth RO2.5mn on a 5,000sqm site.

Other opportunities include a RO6.545mn tyre manufacturing plant, a RO6mn factory producing military uniform accessories, and a RO6.545mn air-conditioning manufacturing facility focused on energy-efficient units for domestic and regional markets.

Khalid bin Hamad Al Kharousi, Director General of Investment Promotion at MoCIIP, said the initiative marks a shift from traditional investment offerings towards projects anchored in verified market demand.

“These opportunities have been developed in collaboration with partners from key sectors and relevant government entities to ensure alignment with actual market needs and supply chain requirements, while enhancing their readiness as executable and scalable investment opportunities,” Al Kharousi said.

“Through this approach, we are developing projects linked to real and confirmed market demand, providing investors with greater clarity and strengthening project sustainability, as well as their potential for growth and expansion.”

He noted that pre-purchase agreements help mitigate operational risks, improve bankability and increase the likelihood of securing financing and strategic partners.

Al Kharousi said that Oman is focused on creating investment-ready projects that provide investors with greater certainty from the earliest stages of development.

“Oman possesses strong competitive advantages, including its strategic location, advanced infrastructure, supportive legislation and stable economic environment, all of which support long-term investment growth,” he added.

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