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Oman : PAIPED inks MoU with IIC to raise manufacturing sector in OMAN
Publish Date : 30-Apr-2013
The Public Authority for Investment Promotion and Export Development (PAIPED) declared that it has inked a Memorandum of Understanding (MoU) with the Industrial Innovation Centre (IIC) to boost the competitiveness of Oman's manufacturing sector.
Dr Hamed al Dhahab, Chairman, IIC, Ali al Balushi, PAIPED's Acting Vice-Chairman, Dr Abdullah al Zakwani, IIC Director and Taleb al Makhmari, PAIPED's Director of Export Development Department have attended the signing of the agreement, which sets forth the provision of activities and services that are directly targeted to meet the needs of Omani non-oil exporters.
PAIPED's Al Balushi said, "The services provided by IIC are tailor-made to enhance the capacity and capability of domestic firms in the non-hydrocarbon sector. In partnership with the IIC, we intend to assist local firms improve their management capabilities, raise awareness of the demands of international markets, particularly with regard product design and packaging and develop export and supply chain opportunities."
"At the heart of this ground-breaking MoU is a team of highly skilled professionals, led by experienced export personnel from PAIPED and IIC researchers who will drive and facilitate collaborative activities between the two parties to develop and improve the marketing power of Omani products in international markets. It's an excellent initiative," said PAIPED's Acting Vice-Chairman.
"The MoU will drive collaboration between large and small firms, industry associations, universities, vocational education providers, research institutions and government agencies. This collaborative effort will undoubtedly strengthen Oman's export basket. Indeed, IIC's partnership with PAIPED will contribute significantly to the Sultanate's growing manufacturing base, making the sector more competitive and attractive — this in turn will generate employment opportunities and attract investment," noted Dr Al Dhahab.
