Oman Business Finder April 2021 by Oman Business Finder

OBF April ISsue Cover Page

April 2021

Oman Business Finder

April 2021

Editorial Chairman & Managing Editor: Ahmed Rashid Al Shukaili Editorial Director: Muhammed Shakir Business Officer: Rashid Bin Ahmed Marketing Head: Issa Mohammed Al Nabhani Creative Head: Ahmed Al Fari Digital Support: Amira Al Shukaili Cover & Layout: Jiyad Ahmed

Editorial Office: Oman Business Finder Ghala, Muscat, Oman Contact: +968 9126 0908, +968 9903 8484

Website: www.omanbusinessfinder.com Email: info@omanbusinessfinder.com office@omanbusinessfinder.com

Published by: NextaOne Business Solutions Disclaimer: every effort is made to provide accurate and up to date information. The publishers cannot accept any consequences rising from the use of information provided.

Oman’s strategic geographic position has long made it a trading hub, linking the Middle East to Pakistan and the Indian subcontinent to the east, Iran to the north, and Africa to the south. It is strategically positioned outside of the Arabian Gulf, serving key markets in Asia, East Africa, and the wider Middle East and North Africa region, while also benefiting from the Sultanate’s oil and gas industry’s central position. The Sultanate of Oman has a long history dealing with long-distance maritime and land trades. The importance of Muscat’s port of Muttrah was recognized by the Greek geographer Ptolemy, who saw Muscat’s importance as the last watering place for ships going out of the Gulf to India, East Africa, and beyond. Oman was a crucial center on the Silk Road between the East and the West, with active maritime connections to its Indian Ocean ports and land trade links to neighboring cities. The process of the diversification of the economy, SOLS 2040, and the undertakings of ASYAD have become a breakthrough in the logistics sector. This issue of Oman Business Finder discusses innovative steps introduced by the Sultanate in the logistics sector and the new opportunities and possibilities of the sector in the Sultanate of Oman. We present the fifth issue of Oman business finder to the readers.

-Editor-

April 2021

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CONTENT

08 Market Overview 12 SOLS 2040: The Gateway to The Future of the Sultante

18 ASYAD: The Logistics Hub of Middle East

22 Bahja Real Estate:

Beyond Expectation

25 How to Maximize Your Profits Through Digital Logistics

29 Mazoon Dairy Co: The Unique Story of 100 Days in Logistics

38 Investing in Logistics April 2021

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Message Page

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April 2021

May the blessed month of Ramadan bring you peace and prosperity. May your prayers be answered and deeds be accepted. Ramadan Kareem!

April 2021

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April 2021

Market Overview Ahmed Rashid

MBA Holder, University of Bedfordshire

The new measures adopted by the Sultanate will revitalize the economy and help small business and the public. The change from an oil-oriented economy to non-oil resources has been viewed as a paradigm shift and is probably to make enduring positive impacts on the economy. The focus on different sectors might redirect the economy into new ways and possibilities. In the future, the logistics sector will be one of the key pillars of the nation’s non-oil-based economy. Oman, with its maximum trade potential, has deep ties with more than 20 countries in major continents. The national program for enhancing economic diversification (Tanfeedh) has concluded that Logistics and Tourism can be the new source of income for the country. It led to the formation of Oman’s logistics’ strategy in 2040. Under the strategy, Oman Global Logistics Company (OGL) or ASYAD was tasked with putting this to action. On the other side, the Oman National Spatial Strategy project (ONSS) highlighted the importance of logistics and regional connectivity in terms of Email: info@nextaone.com

performance, connectivity, efficiency and competitiveness. The key factor which escalates the possibilities of the Sultanate as a logistics hub is the nation’s strategic geographical location. Oman is a country in Southwest Asia that borders the Arabian Sea, the Gulf of Oman and the Persian Gulf, and is located between Yemen and the United Arab Emirates (UAE). Stressing on its strategic location, the nation is focusing to be a global logistics hub. It will increase the self-sufficiency and economic and political stability of the Sultanate. Logistics, industrial manufacturing and tourism shall be the future economic drivers. The emphasis on non-oil exports has become a key part of the national plan ever since the eighth five-year plan (2011-15). Even the health restrictions have created strain on the entire economy, the development of transhipment facilities, especially at the port of Duqm, is mostly to make a fast and easy recovery of the sector.

| Phone : +96891260908 / +96899038484 April 2021

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Ahmed Rashid

MBA Holder, University of Bedfordshire

SOLS 2040: The Gateway to The Future of the Sultante The crises in the oil industry have prompted GCC nations to diversify the economic sources to non-oil sectors. In response to this, the Sultanate of Oman has adopted some measures to diversify the economy. As a quick response, the Tanfeedh-National program for enhancing economic diversification was formed. Logistics, Industrial production and tourism were introduced as the key economic drivers of the Sultanate in future. It led to the formulation of the Sultanate of Oman Logistics StrategySOLS 2040. The strategy was developed in consultation with 65 specialists from different sectors and was published in February. The Oman Logistics Centre (OLC) was 12

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established in early 2015 by the Ministry of Transport and a communication (MoTC), which is currently led by Saeed bin Hamoud bin Saeed al Maawali. Its mission is to oversee the implementation of SOLS 2040 while also simplifying government logistics processes through the four pillars of markets, trade facilitation, human capital, and technology applications. The formation of OLC has increased trust of stakeholders and helped the raise of the profile of the Sultanate’s logic sector domestically and internationally. SOLS 2040 was created to develop an integrated logistics system that includes ports, airports, public buses, road networks, railroads, and sea shipping.

One of the primary goals of the logistics strategy is to promote the development of human capital, which is vital to the logistics industry’s long-term success

It aims to link all of the countries’ logistics hubs to the rest of the Gulf region through efficient road and rail networks. One of the primary goals of the logistics strategy is to promote the development of human capital, which is vital to the logistics industry’s longterm success. According to Oman’s Logistics Strategy, logistics-related activities have the potential to generate approximately OMR 14 billion over the next two decades, contributing approximately 12% to the country’s GDP which would make the sector the country’s second-largest economic contributor after

hydrocarbons. According to the report, Oman is expected to generate 80,000 logistics-related jobs by the end of the decade and 300,000 by 2040. Based on the strategy, Oman Global Logistics Company (OGL) or ASYAD was incorporated to translate this strategy into practice. The strategy established the guideline for ASYAD and called for increasing utilization of available infrastructure. In addition, Oman aviation group was also formed as a government undertaking. The both were re-launched in 2017 as ASYAD.

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SOLS recommended that the truck and freight movement should have its own regulating body, education and training of the youth for strategy is of great importance and a research body must be developed to supervise the sector. The existing shortage of skilled labours has brought the development of human capital as the primary concern in order to match the forecasted growth and development in logistics.

Opportunities and possibilities

The nations’ education and technology have been upgraded to a high standard in order to achieve SOLS 2040’s goals and address the logistics sector’s challenges. These changes have created new possibilities and opportunities for the sector. Some of the key factors which are to multiply the positive impacts of SOLS 2040 are the following: 1.Development of Human Capital

To achieve the target of 300,000 jobs by 2040 in the logistics and related

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sectors, the universities and colleges have introduced many courses related to logistics. The acquisition of International maritime college Oman (IMCO) by ASYAD has was a breakthrough in the sector. IMCO offers undergraduate courses like Marine Engineering, Logistics and Transport Management and training programmes like maritime courses, logistics and transport courses, CILT courses etc. The institution is supported by the Rotterdam-based STC Group who has over 25 years of experience delivering creative learning opportunities for students interested in the maritime, transportation, and oil and gas industries. The improvement in logistics-related education shall fill the existing gap between needed and available skilled labours. 2.Innovations in Technology

To achieve the target of 300,000 jobs by 2040 in the logistics and related sectors, the universities and colleges have introduced many courses related to logistics. The acquisition of International maritime college Oman (IMCO) by ASYAD has was a breakthrough in the sector. IMCO offers undergraduate courses like Marine Engineering, Logistics and Transport Management and training programmes like maritime courses, logistics and transport courses, CILT courses etc. The institution is supported by the Rotterdam-based STC Group who has over 25 years of experience delivering creative learning opportunities for students interested in

the maritime, transportation, and oil and gas industries. The improvement in logistics-related education shall fill the existing gap between needed and available skilled labours. 3.To Increase Public Awareness

To increase the awareness about the opportunities in logistics and to develop on the job training also is of great importance. As the country’s focus on the sector became intensive only in recent times, the public may not be so aware of its sector. The best practices for increasing awareness are: Defining the career path clearly and articulating the available opportunities Promoting the sector and related areas in high schools 4.On-the-Job Training for Workforce Development

On –the-job-training is an important part of human resource management. It aids in the advancement of an individual’s career as well as the organization’s continued success. Onthe-job training is a form of training that takes place in the workplace. Employees are familiarised with the working environment they would be a part of during the preparation. Employees get hands-on experience with machinery, vehicles, supplies, and materials, among other things. Face the problems that arise when doing the job is an essential

part of on-the-job preparation. An experienced employee or manager plays the role of mentor, passing on his or her expertise and company-specific skills to the new employee through written or verbal guidance and demonstrations. It also helps the labours to boost their confidence and sharpen their skills.

The introduction of special economic zones and the softening of the economic barriers have brought this strategy into the ground on a major level Conclusion

In short, the SOLS plays an undeniable role in transforming the Sultanate of Oman as the global logistics hub and hence, bringing self-sufficiency to the nation. The introduction of special economic zones and the softening of the economic barriers have brought this strategy into the ground on a major level. Logistics hubs are natural strategic infrastructures that can help Oman extend its trade relations outside the oilbased economy while also safeguarding the country’s interests. Infrastructure investments in ports, free zones, industrial parks, highways, airports, and rail networks, as well as economic diversification initiatives and trade with GCC nations, Asia, and Sub-Saharan Africa, are the main drivers of economic development. April 2021

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Asyad : The Logistics Hub of The Middle East Ahmed Al Afari

MA University of Sunderland, UK, Senior Lecturer Sohar University

Throughout history, Oman has benefitted from this position making trade contacts with Persia, India and Africa

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April 2021

The Gulf countries’ overdependence on oil exports, which accounts for more than 80% of GDP in some countries, was adversely affected by the global economic downturn brought on by low oil prices. The situation compelled major countries to take serious steps to consolidate and stabilize the economic sources in future. The Sultanate of Oman has been planning the shift to non-oil sources

from the beginning of the last decade. The strategic geographical location of Oman itself was a key imperative for such a change. Throughout history, Oman has benefitted from this position making trade contacts with Persia, India and Africa. It was a vital centre in Silk Road between the East and the West and had an active marine connection with its ports on the Indian Ocean and land trade links with

neighbouring centres. These historical facts were enough to show the possibilities Oman had in logistics. The logistics sector has become an integral part of the economy even from 2013 with earning revenue of US$7.87 bn in 2013. In 2016, a national committee with the name of Tanfeedh was formed for the diversification of the economy. Tanfeedh emphasized the

importance of expanding the tourism and logistics sector which can be the new source of income for the country. As a result, the ministry of Transportation was authorized to develop the Sultanate of Oman logistics strategy 2040 (SOLS 2040). Oman Global Logistics Company (OGL) or ASYAD was assigned to translate this strategy into practice. OGL was given in charge of

logistics hubs (roads, dry ports, warehouses) and logistics operators (Oman Rail, National Ferries Company, Oman Shipping Company). ASYAD was instructed to increase the utilization of available infrastructure and maximize their contributions, to employ Omanis and to build a logistics name for the country.

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A Glance on ASYAD

With the mission of propelling the development of Oman as a global logistics hub, ASYAD was established in 2016. ASYAD Group combines services, solutions, and businesses into a single organisation, resulting in improved performance, efficiencies, and economies of scale. Three deep ports and three free zones make up the Group, which is backed by Oman’s five airports, a new rail network, and a world-class road network. The group was founded to regain the 2000 years old regional trade network and transform the country into a global logistics hub within 2040 being one of the world’s top 10 groups in the sector.

Services

include shipping services and dry dock services. The shipping service of ASYAD consists of 60 vessels with a deadweight tonnage (DWT) of 9.7 million. Maritime transportation of crude oil, LNG, chemical products, dry bulk, and containers are among the services provided by the group. This covers tasks such as ship ownership, ship chartering, and technical ship management. The Dry-dock services started in 2011 based at the port of Duqm. Dry-dock can efficiently handle vessels weighing up to 600,000 DWT.

ASYAD provides new and fast distribution and delivery across Oman, the Middle East and around the world. The services include maritime solutions, logistics and public services. The maritime solutions

The logistics consist of ASYAD express, Cold-Chain solutions and Oman post. ASYAD Express is a new door-to-door domestic express delivery service that is fast and flexible. ASYAD Express

The group is led by the board of directors consisting of 7 persons and an executive team comprising 6. Sheikh Nasser bin Sulaiman bin Hamad AlHarthy is the Chairman of the group and Abdulrahman Salim Al Hatmi is the group Chief Executive Officer. The group is built with the partnership of many local and global companies like Wilhelmsen ships service, National Ferries Company, MAERSK LINE, Khimji Ramdas, Ithraa etc.

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By connecting Oman’s ports to regional commercial lines, ASYAD Group has increased commercial imports of fruit, vegetables and livestock imports, strengthening food security in the Sultanate.

relies on a strong local network to ensure reliable and timely door-to-door delivery capabilities to every corner of Oman within 48 hours, thanks to its six distribution centres strategically positioned across the region. Cold chain logistics focus on fisheries and agriculture which have become the country’s most prosperous and high potential sectors. By connecting Oman’s ports to regional commercial lines, ASYAD Group has increased commercial imports of fruit, vegetables and livestock imports, strengthening food security in the Sultanate. Oman Post connects people in the Sultanate and around the world through a variety of postal and logistics facilities. The company’s services include everything from conventional and virtual P. O. Boxes

to its e-Commerce delivery service “Matjar,” which allows consumers to ship from the United States to Oman in as little as 5-7 days at affordable rates, as well as the Express Mail Service (EMS) and the International Premium Express Mail (IPEX). The Universal Postal Union (UPU) has acknowledged Oman Post’s EMS service for achieving 98.9% on-time delivery in 2020. ASYAD provides public services also through different platforms like Mwasalat, Sinyar Oman and Maritime College. The group also includes three free zones, all supported by Oman’s five airports. The current free zones in Salalah and Sohar will soon be joined by a third in Khazaen Economic District, near Barka, just outside Muscat, Oman’s capital. These have the advantages like 100% foreign ownership, 0% import and re-export duties and 0% personal income tax for employees.

April 2021

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B ahja Real Estate: B eyond Expectation Mohammed Salim Salam Al-Fulaiti CEO, Bahja Real Estate

The Sultanate of Oman has a rich and prosperous tradition that extends up to thousands of years. Through hard work and dedication, Omanis have maintained a self-sufficient lifestyle. Throughout history, the country has overcome numerous challenges to achieve success and growth. The nation has carved out an oasis which is a mixture of culture, simplicity, moderation and elegance. As part of achieving greater economic development, the Sultanate of Oman is diversifying its economy from Oil-oriented to various sectors. The new flexible laws have created new opportunities for the Real Estate sector also. Real estate development has the potential to advance sustainability by achieving economic and social objectives. The Tanfeedh programme focuses on the sectors like logistics, tourism, transport, 22

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mining, manufacturing and fisheries. With the purpose of fulfilling the Real Estate requirements of the Sultanate of Oman and the entire GCC, Al Bahja Real Estate was incorporated in 2011. Sticking to international standards, Al Bahja provides a wide array of services like Property management, Rental services, Property marketing and advertisement and Leasing management. With the goal of being the leading Real Estate service provider in the region, our sole focus is to help you get the premium quality services and support possible to help you. I’d like to express my gratitude to the people of Oman and the whole GCC, as well as our workers and loyal supporters, for their steadfast support. I hope that everyone in Oman and the Gulf Cooperation Council benefits from Al Bahja Real Estate’s unique services.

GOALS We aim to provide unique and unmatched services to our clients’. We strive to create solutions in a way that:

Meet the Expectations of Clients.

Customers Recommend to Others.

Employees are Proud of.

SERVICES Property management, Rental services Property Marketing and Advertisement Leasing management

GET IN TOUCH

+968 9292 7238

Street No. Alkoud,Muscat,Oman www.bahjarealestate.com ceo@bahjarealestate.com

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April 2021

How to maximize your profi ts through Digital logistics? Muhammed Shakkir MBA Holder, MANU Hyderabad Central University

Digital platforms have become the basis of the fourth industrial revolution (Industry 4.0). With its growing importance, digitalization has become inevitable in logistics and transportation. In addition to cost reduction, digital transformation helps improve customer relationship and express your expertise to set the company above the competition. In logistics performance, optimization, speed, and timing have always been critical. The information sharing and logistics synchronization between both parties will increase the supply chain velocity. The accuracy in fast and on-time delivery will enhance the customer’s trust. Digital logistics will enable optimization and personalization leading to increasing potential customers. Its ability to deliver customised, customerfocused logistics, with shorter cycle times and high customer satisfaction, drives growth. Here are some of the tips which can be used to digitalize your logistics business. April 2021

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Branding

Design an informative Website

The websites play a key role in defining the relationships with customers. An excellent website serves as a gateway for contact with the clientele telling them about your business and attracting potential customers. A personalized website will increase the clients’ faith in the accuracy of the transportation system.

Use CRM software

Customer relationship management (CRM) is a method by which a 26

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company or other entity manages its relationships with customers, usually by analysing vast volumes of data using data analysis. The growths of corporates are highly dependable on the efficiency of the CRM software it uses. A highly sophisticated CRM sophisticated helps manage sales, marketing and customer relations. It allows you to understand more about your customers and how they communicate with your business. In addition, it builds a trust-based relation between you and potential customers and gives insights on their needs and desires.

Branding distinguishes your products and services from others. It’s not only an identification mark for your company, but also defines the customers’ expectations about your company. Professional Ads, customer care, promotional products, reputation, and logo are just a few of the tools used to create a brand. Branding allows you to create an image for your company and promote it to potential clients and partners.

A highly sophisticated CRM helps manage sales, marketing and customer relations.

Implementation of SEO

Search English Optimization (SEO) makes your

website and business more visible. On other words, in creates more traffic and more traffic means more chances to convert prospects into customers. It builds trust, credibility and better use experience. A Strong SEO brings you on the top of the list when keywords related with logistics like import and export, warehouse management, logistics services etc. It’s a long-term strategy and yields great results

Social Media marketing

Social media are an active part of digital marketing. Social media platforms allow you to communicate with your clients, raise brand awareness, and increase leads and sales. The major benefits of social media marketing include growing your brand awareness, increasing your traffic, promoting your services, building loyal consumers. With more than three billion active user, different social media platforms like Facebook, Instagram, Linked In etc. increase your customers and serve as the medium between you and them. This makes necessity of an active online promoter to boost your brand and services.

Accept Customer Feedbacks

Customer feedback influences the innovations and changes in your business. It helps improve the products and services. Customer satisfaction defines the quality of our services and feedbacks help you measure it. Online reviews make a huge impact on the choices of the customers. They boost the website ranking and attract other customers. The more you have positive reviews, the more your services grow. April 2021

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April 2021

Mazoon Dairy Co: The Unique Story of 100 Days in Logistics Abdulaziz Al-Zadjali Senior Logistic Manager, Mazoon Dairy

With the mission of delivering fresh and nutritious products to every home in Oman, Mazoon Dairy Co. has been creating success sagas in the dairy supply and transport in the Sultanate of Oman. Mazoon Dairy Co has been selected by Oman food investment holding CO, a state-owned enterprise, to carry out Oman’s flagship dairy project. The brand itself has a vigorous and vibrant outlook, which also encompasses both the old and the modern. Mazoon’s long-term objectives are to establish the Sultanate as a self-sufficient dairy producer and a hub for food manufacturing.

Mazoon Dairy Company was incorporated on January 1st 2015 to improve self-sufficiency in dairy production and focus on the nutritional well-being of children in the Sultanate of Oman. The company was established as a closed joint-stock company with a total capital of 100 million OMR. The location in As’Sunainah in the Al Buraimi governorate, which is spread over an area of 15 sq km, was selected because of the abundance of water, fertile soil, and a pleasant environment to support the cattle and due to its proximity to both local and GCC markets. April 2021

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Mazoon Dairy Co has been selected by Oman food investment holding CO, a state-owned enterprise, to carry out Oman’s flagship dairy project.

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The area is equipped with a dairy farm that can house more than 25,000 cows and a processing plant capable of producing 1 million litres of liquid milk per day. Mazoon plans to increase its annual production to 900 million litres by 2040. The company’s farm in Al Sunainah is one of the most advanced in the country, with temperaturecontrolled facilities and a high-capacity machine capable of milking 1000 cows per hour. The Central processing plan spans 50,000 sq mtr. Starting with raw milk reception and ending with commodity despatch to the market, the plant is 85 per cent automated and has the highest quality control systems in operation. Mazoon Dairy, unlike other dairy farms around the world, is a completely integrated facility that encompasses a milking parlour, veterinary services, manufacturing and packaging factory, and a waste treatment facility, as well as sales and logistics facilities. Mazoon Dairy was known for its advanced dairy technologies and production lines, as well as green solutions such as a distinctive biogas production plant that converts farm waste into gas that is used as an alternative energy source to power some

of the factory’s machinery. There is also a separate sewage treatment facility that recycles the water which will be pumped into the farm’s irrigation system. In October 2016, the Mazoon Dairy Company established a strategic alliance with Sultan Qaboos University to use its facilities for dairy product research and development, recipes, and packaging. The major products of Mazoon Dairy co. include fresh milk, pasteurised milk, flavoured milk, yoghurts, juices, cheese, and ice cream. The intensive efforts of Mazoon will help the Sultanate to decrease the imports of dairy products which is currently 70%. Mazoon aims to reduce it to 10%. From Musandam to Dhufar in 100 days

The wonder that played in the success of Mazoon is the well-planned supply and transportation system. The company started with only 18 staffs and limited supply. Now it has spread all over the sultanate of Oman and major markets of GCC with the crew support of more than 800 employees. The earlier distribution of Mazoon products focused on Muscat when it started on January 1, 2018. The key turn in the history of the company took place during October-December 2019. Within the end of 2019, Mazoon products have reached all stores, markets and hypermarkets in the Sultanate of Oman establishing itself as one of the popular brands of the country.

The success is greatly linked to the proper implementation of logistics strategies. The logistics division is handled by Abdul Aziz Al Zadijali- the senior logistics manager of Mazoon- utilizing the most sophisticated logistics strategies. An in-vehicle monitoring system (IVMS) is used to monitor entire fleets in the supply chain assuring efficiency and accuracy. The fleets in the operation include 156 refrigerated trucks and 25 long contract trucks which together make a total unit of 181 trucks. The team covers approximately 17428 Kms daily to reach up to numerous customers scattered across the nation from Musandam to Dhofar. To simplify the distance between long locations, the entire supply chain is sub-divided into 7 distribution centres and 135 distribution lines. The distribution centres include the central processing plant in Sunainah and centres in Muscat, Sahem, Al Masnaah, Al Kamil, Nizwa and Salalah. Besides, the adoption of the latest technology in breeding, milking and processing has enhanced both the quality and quantity of products. The quality of the products and the nutritional well-being of the citizens are the primary concerns of Mazoon. The company received 2625 Holstein cows in 2020 which are known as the world’s highest-production dairy animal and it brought the total quantity of the breed on the farm to 7000. Nowadays, Mazoon Dairy Co. has become the promising brand in Oman. The professional management team and comApril 2021

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mitted staff will increase the productivity of the company, hence transforming it into a dairy production and food manufacturing hub of the Sultanate of Oman and GCC. By 2040, Mazoon is expected to become a global exporter of dairy products. The MoU existing between ASYAD and OFIC will enhance the possibilities of Mazoon as a global exporter. Mazoon products are being exported to all markets of the Sultanate of Oman and major areas of GCC. In order to deliver fresh and hygiene products, Mazoon uses state of the art cold chain monitoring system. This ensures that products are safe and of high quality at the point of consumption. In addition, it helps Mazoon to keep its products away from textural degradation, discolouring and microbial growth. That’ so why Mazoon exports only quality products and creates loyal customers. The Mazoon Team.

Sheikh Mohammed Al Harthy is the chairman of the board of directors of Mazoon Dairy. He is the deputy Chairman at Oman National Investments Development Co SAOC. The chief executive officer is Dr Arjun Subramanian, who is a dairy expert with 21 years of experience in integrated project management, execution, and commercial operations. Ahmad al Ghafri is the chief support officer who has more than 17 years of experience in project management. The entire management 32

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By 2040, Mazoon is expected to become a global exporter of dairy products. The MoU existing between ASYAD and OFIC will enhance the possibilities of Mazoon as a global exporter.

team comprises 20 professionals. In addition to direct employment, the facility is expected to employ approximately 2,300 people. Omanisation is currently at an impressive 70% with Omanis holding supervisory and executive roles across the board. It’s expected to reach 90% over the next 10 years. There are 26% of local suppliers and vendors working hand in hand with Mazoon Dairy

The Mazoon Dairy Co. comprises five key investors. They are:

Oman Food Investments Holding Company Oman Dairy Products and Derivatives Civil Service Pension Fund Royal Office Pension Fund Al Hosn Investment Company

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Highlights of the Project

The Mazoon Dairy was founded to establish a self-sufficient Sultanate in dairy production. The key objectives of the project are: To Improve dairy production self-sufficiency in the Sultanate of Oman ( To reduce the current 70% import to 13% by 2026) To Increase per capita milk consumption, with an emphasis on children’s nutritional needs. Build expertise in food manufacturing and quality systems thus stimulating an environment for food manufacturing with highquality systems. Generate local employment and SME opportunities

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The key highlights of the project are: Completely integrated facility with high-yield dairy cows The capacity to house nearly 25,000 cows. The farm started with 4000 cows and is expected to grow to 25,000 by 2026. Daily production of 1 million litres of liquid cow milk. It’s expected to produce 202 Million litres in 2026 & 985 Million litres in 2040. Employment of skilled Omanis is to reach around 90% of total labours in 10 years

April 2021

Oman Business Finder

“Fasting is a shield; It will Protect You from the hellfire” Ramadan Kareem. We wish all a blessed, happy and healthy Ramdan. May Allah help you build your dreams. #live spiritual #live better

Oman Business Finder

April 2021

6 PRACTICAL HEALTH TIPS DURING RAMADAN Fasting refines mind, soul and body completely. Even a little care can bring great changes to you if you are ready to harvest properly during the month of Ramadan. Besides spiritual and mental benefits, fasting has a lot to deal with your health also. Here are some of the practical health tips to be noted during the fasting:

Have a healthy Suhoor and don’t skip it

Start Ifthar with dates

Eat salads and vegetables

Drink more water

Avoid fried, salty and high-sugar foods as much as possible

Eat slowly

April 2021

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Investing in Logistics A Step-by-Step Guide LOGISTICS All of the organisations listed below can be contacted through the One-Stop-Shop. Nextaone Business Solutions Oman Chamber of Commerce (OCCI) Local Municipality Ministry of labour Royal Oman Police (ROP)

Nextaone Business Solutions Step One

Obtain Commercial Registration

Required documents: Copy of partner’s passport Copy of Omani partner’s ID card New commercial registration (CR) formsigned by all partners Sample of authorized signatories * Security approval is required in some cases. (1-5 weeks) & *The Omani Embassy in the applicant's home country must attach a criminal record clearance.

Open Bank Account Step Two

Required documents: CR Passport copies Articles of Association Sample of authorized signatories Additional documentation may be required by some banks.

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OCCI Collect Membership Card Required documents: CR payment receipt

Company Stamp Obtain Company Stamp Required documents: CR

License Required documents: Copy of partner’s passport CR OCCI certificate Local municipality permit

Step Three

Rental Agreement Complete Ministry of Commerce & IndustryInvestor Application Form Required documents: CR List of machinery ID card

ROP Step Four

Municipality Obtain Municipality Permit Required documents: Commercial registration OCCI membership card Rental agreement * Depending on the planned activities, additional documents may be needed.

Step Five

Ministry of Labour Register company on: www.manpower.gov.om and print application form Required documents: Application form CR + company stamp OCCI membership card Passport copies Rental agreement Municipality permit Commitment letter

Obtain Investor Visa Print visa application from: www.rop.gov.om Required documents: Application form Medical report Two passport-style photographs CR + company stamp OCCI membership card Copy of passport Rental agreement Municipality approval Ministry of labour approval

ROP Civil Status Obtain Investor ID card Required documents: Investor Visa Passport copy Present for fingerprinting

+968 9126 0908 | info@nextaone.com | www.nextaone.com April 2021

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