Oman Explores Investment Opportunities to Localize Clean Energy, Smart Car Industries

Oman
Explores Investment Opportunities to Localize Clean Energy, Smart Car Industries

Beijing,
30 Dec 2025 (ONA) — Dr. Saleh Said Masan, Undersecretary of the Ministry of
Commerce, Industry and Investment Promotion for Commerce and Industry,
conducted field visits to several major manufacturing plants in the People’s Republic
of China. These visits are part of ongoing efforts to empower investment in the
industrial sector, aligning with Oman’s strategy to establish integrated
industrial clusters and transform Omani industry into high-value-added
activities driven by innovation and advanced technology.

The
visit included a tour of the global company “JA Solar,” a leader in
solar energy solutions. The Undersecretary and the accompanying delegation met
with the company’s senior leadership to review the latest technologies in smart
solar cell and panel manufacturing. They also discussed the executive progress
of establishing the company’s factory in the Sohar Freezone.

Notably,
the Ministry of Commerce, Industry and Investment Promotion previously signed a
Memorandum of Understanding with the company to establish an integrated plant
for solar cells and modules in the Sohar Freezone, with an estimated investment
volume of USD 564 million. During the visit, it was confirmed that construction
work is proceeding according to plan, positioning Oman as a regional hub for
clean energy technologies and supporting its commitment to reaching Net Zero by
2050.

The
tour also covered the headquarters of “BAIC” Motor Corporation, where
the latest innovations in electric and smart vehicles and advanced
transportation systems were showcased. Dr. Saleh presented to company officials
the matrix of incentives and enablers provided by the Sultanate of Oman to
attract investments in the electromechanical and transportation industries.

The
Undersecretary emphasized the Ministry’s readiness to provide all necessary
facilities for high-quality industrial projects. This approach aims to
establish joint ventures for automotive assembly and manufacturing,
contributing to the diversification of the national industrial structure and
creating specialized job opportunities for Omani cadres in engineering and
digital technology, in line with the objectives of the Industrial Strategy
2040.

In
conclusion, the Undersecretary stated that these visits reflect the Ministry’s
priorities for a qualitative transition toward technology-intensive and
capital-intensive industries. He noted that integrating renewable energy
projects with “JA Solar” and localizing vehicle technology with
“BAIC” will increase the manufacturing sector’s contribution to the
GDP and enhance the competitiveness of national products under the “Made
in Oman” identity. He stressed that the Ministry is working to provide an
attractive investment environment that ensures the flow of Foreign Direct Investment
(FDI) and supports the growth of SMEs within the global supply chains of these
major corporations.

—Ends/AG