
Muscat: The Ministry of Commerce, Industry and Investment Promotion (MoCIIP) has announced a package of quality investment opportunities in the healthcare sector, with a total estimated investment value of approximately OMR16 million. The initiative is being launched in collaboration with the Ministry of Health and the Public Authority for Special Economic Zones and Free Zones (OPAZ).
The initiative aims to attract quality investments that contribute to the development of healthcare services, strengthen medical industries and support the Sultanate of Oman’s goals of building a more efficient and sustainable healthcare system.
The opportunities form part of ongoing efforts to expand the Sultanate of Oman’s investment opportunities map by identifying priority projects and aligning them with market needs.
This approach enhances investment readiness while responding to the growing demand for specialised healthcare services, advanced medical technologies, pharmaceuticals and medical supplies.
The package comprises four investment opportunities covering preventive healthcare, medical rehabilitation and medical manufacturing.
These include the establishment of an early detection centre in the Wilayat of Bausher, with an estimated investment of approximately OMR7.5 million, aimed at meeting growing demand for early diagnosis and preventive medicine services. It also includes the development of a specialised rehabilitation hospital in Muscat Governorate, with an estimated investment of around OMR6 million, to provide integrated rehabilitation services in line with the latest medical practices and treatment technologies.
The package also includes two opportunities in medical manufacturing: the production of chlorhexidine gluconate solution in Salalah Free Zone, with an estimated investment of approximately OMR2.4 million; and the manufacture of paraffin-impregnated gauze in North Al Batinah Governorate (Sohar Free Zone), with an estimated investment of around OMR577,500. These projects are expected to strengthen local medical manufacturing, support healthcare supply chains and enhance the competitiveness of Oman’s products in regional markets.
The opportunities provide a diverse range of investment options that address increasing demand for healthcare services and medical manufacturing, while targeting both local and foreign investors seeking projects with sustainable economic and developmental impact.
The package reflects a strategic direction towards developing an integrated healthcare ecosystem built around three key pillars: preventive healthcare, specialised medical rehabilitation and medical industries. It is expected to strengthen the readiness of the healthcare sector, expand investment opportunities in value-added activities and support the Sultanate of Oman’s vision of building a more competitive and sustainable healthcare sector.
Lamya bint Sultan Al Habsi, Assistant Director General of the Directorate General of Investment Promotion at MoCIIP, said the healthcare sector in the Sultanate of Oman is undergoing rapid transformation, driven by population growth, rising demand for specialised healthcare services and efforts to localise medical industries, making it one of the country’s most attractive sectors for investment.
She explained that through this package, the MoCIIP seeks to provide quality investment opportunities based on actual market needs, offering investors commercially viable projects with significant added value while strengthening the private sector’s contribution to economic development and the goals of Oman Vision 2040.
She added that Invest Oman is developing investment opportunities that go beyond the traditional approach of offering projects by creating opportunities founded on specialised sector studies and effective partnerships with government entities.
This enhances project readiness, provides investors with greater clarity regarding available opportunities and reinforces confidence in the Sultanate of Oman’s investment environment.
Meanwhile, Balqees bint Saud Al Mukhmari, Director of the Department of Investment Empowerment at the Ministry of Health, said strengthening partnerships with the private sector is one of the key pillars of further developing the Sultanate of Oman’s healthcare system. She noted that these investment opportunities will expand specialised healthcare services, strengthen local medical manufacturing and improve the sector’s readiness to meet future requirements.
She added that the projects will contribute to delivering more efficient and sustainable healthcare services, facilitate the transfer of knowledge and advanced medical technologies, and foster innovation within the healthcare sector in line with global developments.
Al Mukhmari emphasised that the integration of efforts between the public and private sectors plays a vital role in building an advanced healthcare system founded on quality, efficiency and sustainability. Such collaboration will help meet the aspirations of society, improve quality of life and reinforce the Sultanate of Oman’s position as a regional hub for healthcare services and investment in medical industries.
She further noted that these opportunities demonstrate the effective collaboration among government entities in developing investment projects that respond to the needs of vital sectors while providing investors with quality opportunities in high-demand fields. The projects build on the Sultanate of Oman’s competitive advantages, including its strategic location, advanced infrastructure, investment-friendly legislation and stable investment environment.
She affirmed that the initiative is aligned with national efforts to diversify the economy, increase private sector participation in development, attract quality investments and expand value-added industries, thereby strengthening the Sultanate of Oman’s position as a regional investment destination for the healthcare sector.
She added that Invest Oman will continue to further develop and promote quality investment opportunities in cooperation with government entities to enhance the Sultanate of Oman’s competitiveness as a regional investment destination and create new opportunities for investors in priority sectors, supporting economic diversification and sustainable development.