The five-year plans and the 'Vision 2020' strategy for economic development have led to the emergence of a strong export-oriented industrial sector in Oman, Khaleej Times reported on Saturday.
The daily quoted the president of the Oman Chamber of Commerce and Industry (OCCI), Shaikh Salim bin Hilal Al Khalili, as saying that the existing major industrial projects in the fields of gas, petrochemicals and aluminum were the "fruit of both government and private efforts to stimulate interest in establishing export industries based on oil and gas or other raw materials".
The industrial sector had made significant strides, he said, noting that the number of factories in the country had risen to 833, employing more than 30,723 people.
Oman’s exports of oil constitute 99 percent of the Gulf sultanate’s GDP -- Albawaba.com
© 2000 Al Bawaba (www.albawaba.com )