The Public Establishment for Industrial Estates “Madayn”, represented by Al Wadi Al Kabir Industrial City, organised a discussion session titled ‘Investment Projects Financing’. The session aimed to shed light on financing and insurance mechanisms and programmes related to the industrial and commercial sectors, while also addressing the challenges faced by investors and exploring potential solutions in collaboration with various financial institutions.
Speaking at the event, Eng. Ali bin Salim Al Mashani, Director General of Al Wadi Al Kabir Industrial City, emphasised the key role of the industrial sector as a key enabler of economic diversification and sustainable growth, in alignment with Oman Vision 2040. He also highlighted Madayn’s commitment to present an attractive and competitive investment climate through the constant development of industrial infrastructure, and hence attract local and foreign investments. Al Mashani further called for the establishment of dedicated financial portfolios tailored to the needs of industrial projects, which will ultimately play a role in driving innovation, advancing development, and boosting overall competitiveness.
Following this, representatives from Bank Dhofar and Ahli Bank spotlighted their services and products tailored for investment projects, with a focus on financing solutions designed to support the growth and sustainability of such ventures. Additionally, representatives from Credit Oman provided an overview of their offerings, which include SME credit insurance, domestic credit insurance, export credit insurance, multi-buyer trade credit insurance, among others. Regarding the sectors covered by Credit Oman’s insurance, company officials elaborated that the sectors include petrochemicals and plastics, food products, building and construction materials, mining, packaging, and agricultural products.
This session is part of Madayn’s ongoing efforts to strengthen partnerships with financial institutions, promote sustainable solutions for industrial development, and ultimately enhance the Sultanate’s investment appeal and competitiveness on both regional and international fronts.
