Sultan bin Salim Al Habsi has been appointed to the position of Executive President at the Public Establishment for Industrial Estates (PEIE), replacing Eng. Ahmed Hassan Al Dheeb who was recently promoted to Under Secretary for Commerce & Industry.
Prior to joining PEIE, Mr. Al Habsi was the Director General of Tax Survey and Administration at the Ministry of Finance, he brings to PEIE a wealth of finance experience with over 16 years of government service. He joined the Ministry of Finance in 1988 after graduating from Ain Shams University in Egypt. He sits on the Board of Salalah Port Services and is a member of various government committees.
PEIE is responsible for developing and managing over 41,000 hectares of prime industrial land and high-tech office space on: Rusayl, Raysut, Sohar, Nizwa, Buraimi, Sur, Al Mazunah Free Zone and Knowledge Oasis Muscat. It works closely with the Ministry of Commerce and Industry, the Oman Chamber of Commerce, the Omani Centre for Investment Promotion, Export and Development, permitting and regulatory organizations, utility providers and others to develop the partnerships that assures business success. Moreover, it assists companies in assembling sites, developing buildings, facilitating permitting, assessing infrastructure needs, reviewing incentives available for projects as well as helping firms market and promote their products.
Asked about his new appointment, Mr. Al Habsi commented: “Since 1993, PEIE has taken an important role in the development and growth of Oman’s manufacturing sector. More recently - and with the launch of KOM - it’s also become an influential player vis-à-vis the Sultanate’s ICT sector. But we’re operating in changing times and today PEIE’s tenants face a very different world, one that is being re-shaped by three key issues: technology and its influence on products and productivity; globalization, which is increasing the intensity of competition, business, location and market opportunities; and thirdly, changes in the global economic balance with the emergence of major economies such as China and India both as potential mass markets and as serious competitors. Markets and the competitive world are changing rapidly, and it’s my job to guide PEIE in this regard and help it secure a stronger foothold in an ever-competitive global marketplace.”
