The value of the manufacturing sector's contribution to Oman's gross domestic product at constant prices reached approximately RO3.7 billion by the end of 2025, according to statistics issued by the National Centre for Statistics and Information.
During the first quarter of the current year (2026), it amounted to RO869 million.
The Industrial Strategy 2040 targets raising the manufacturing sector's contribution to RO5.44 billion by 2030, ultimately reaching RO10.702 billion by 2040, said an Oman News Agency report.
Non-oil merchandise exports recorded a growth of 1.5 percent by the end of May 2026 compared to the same period in 2025, reaching RO2.739 billion.
The Industrial Strategy 2040 targets raising this value to over RO10 billion by 2030, encompassing exports of metal products, chemicals, energy-related industries and food products.
Re-exports also rose significantly by 64.4 percent by the end of May 2026, exceeding RO1 billion.
Anwar bin Hilal Al Jabri, Minister of Commerce, Industry and Investment Promotion, stated that these indicators reflect the success of national policies and initiatives that have contributed to strengthening the Omani industrial sector's capacity to transition from expansion in the scale of facilities and production to building a more integrated industrial ecosystem.
In an interview with Oman News Agency (ONA), the minister emphasised that the rising accumulated stock of foreign direct investment in the industrial sector confirms Oman’s attractiveness as an industrial investment destination and reflects growing confidence in its strategic location, advanced infrastructure, integrated economic and industrial zones, investment incentives, and access to regional and international markets.
He noted that the ministry is working to strengthen partnership with the private sector and investors to accelerate the localisation of priority industries, increase local content and support small and medium enterprises linked to the industrial sector, thereby contributing to the creation of quality employment opportunities for citizens, enhancing the competitiveness of Omani products and raising the value added to the national economy.
He added: "Our ambition is not limited to expanding the size of the industrial sector, but rather extends to building a sustainable, smart and competitive industrial sector capable of innovation, export and integration with other economic sectors, thereby strengthening the Sultanate of Oman's position as an industrial, logistics and investment hub in the region, and supporting the objectives of economic diversification and sustainable development."
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