USD3.2 billion the industrial investment size in Oman

The three-day workshop will be held in Salalah, and it targets developing industrial clusters by means of benefiting from the experiences of the developed countries. The workshop will also discuss the challenges and opportunities relating to developing those clusters in the region with the participation of specialized experts in the field of developing industrial clusters in the developing countries.

This workshop is one result of the awareness of industry stakeholders in the Sultanate of Oman of the importance of the private sector and its role in increasing the Gross Domestic Product (GDP) of the Sultanate. And it also comes within the program of reinforcing the cooperation and coordination amongst the working clusters. The program targets decision and policies makers at executive level in the industrial institutions.

The number of factories in GCC reached some 10431 in 2006, investing around US D 118.3 billions, and 816000 workmen. The number of factories in the Petrochemicals sector alone is 2043 factory, investing around US D 70 billions, with 136000 workmen. In its turn, the Sultanate of Oman has 1019 factories, with an investment estimated to some US D 3.2 millions, and 44300 workmen.