Al-Watan Discusses Infrastructure Localization
The article focused on localizing the manufacturing of electrical transformer components in the Sultanate of Oman, as part of supporting infrastructure projects such as electricity, energy, and transportation. This step is considered part of a strategy to diversify the economy within the framework of "Oman 2040" vision. The Sultanate has signed ten agreements to establish seven new factories and add production lines to two existing plants, with an investment of approximately 15 million Omani riyals. Commercial production is expected to commence between 2027 and 2028, aiming to reduce reliance on imports and increase the security of supply chains, with the potential to export products to regional markets. Additionally, the initiative offers an opportunity to develop the capabilities of local institutions, create specialized jobs in engineering and manufacturing fields, and enhance the diversification of the national economy sources.
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