Recent years have seen increasing signs of the emergence of what has been dubbed a Fourth Industrial Revolution (4IR), also known as Industry 4.0. This revolution relies on machine-to-machine communication, also sometimes known as the internet of things (IoT), 3D printing and artificial intelligence.
What effects do you expect expansion to have on sustainability and five-year growth projections?
How can Omanisation be increased and implementation improved in the construction sector?
Oman’s industrial sector is a key pillar of its long-term development strategy, as well as a major employer and a steadily growing source of wealth. It covers a wide range of fields, including mining, petrochemicals, aluminium and organic beverages.
Since 1983, when the sultanate opened its first industrial estate at Rusayl in Muscat, specialised zones for manufacturing, heavy and light industry, IT, chemicals and pharmaceuticals have flourished. These now form part of Oman’s overall economic strategy, as it diversifies away from hydrocarbons by boosting alternative sectors. Employment is...
Oman’s industrial sector is a key pillar of its long-term development strategy, as well as a major employer and a steadily growing source of wealth. It covers a wide range of fields, including mining, petrochemicals, aluminium and organic beverages. The recent economic slowdown in both the country and the wider region still poses challenges. With much economic activity driven by government...
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