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FinancialNews


  • 02-06-16

    Oman's destination to set up business

    (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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