FINANCIAL NEWS

Oman’s destination to set up business

02 Jun 2016

(MENAFN) Oman an attractive destination to set up business, where Octal- a leading manufacturer of polyethlene terephthalate (PET) invested up USD 700mn.

Accordingly, Oman’s access to raw material, talent, ease of doing business and global logistic connectivity, which makes it a place to establish business.

Moreover, these were the reasons that attracted Octal to set up in Oman, while the availability of local, bi-lingual talent also influenced Octal.

In addition, recently some of the top supervisors in Octal’s factories in the United States and in Saudi Arabia are from Oman.

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