Oman’s Supply Chain Localization Effort
Oman launched a national strategy to enhance domestic content from 2024 to 2030, aiming to localize industries, reduce reliance on external purchases, increase employment opportunities for citizens, and achieve industrial self-sufficiency. The initiatives focused on developing supply chains and achieving actual growth rates in the industrial sector, with manufacturing industries recording an 8.5% growth in 2024. The contribution of non-oil activities to the gross domestic product (GDP) increased to 72.7%. Additionally, industrial cities such as Sahar, Sur, and the Free Zone at Mazyouna have achieved notable success in localizing investment projects, with clear targets to empower domestic industries and develop competitive capabilities, despite facing challenges related to establishing uniform standards for local content and providing the necessary financing.
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