Video: In-country value is an absolutely critical initiative for the Sultanate, says Salim bin Nasser Al Aufi, undersecretary, ministry of oil & gas, Oman

Duqm Refinery organised an exhibition in Muscat for providing the Omani youth and SMEs first-hand insight on training and business opportunities, and how to apply for enrolling in these opportunities.

The exhibition focusing on in-country value (ICV) opportunities was held at the Oman Convention & Exhibition Center on 30 September and 1 October 2018. The business and training opportunities for SMEs and young Omanis are in line with national objectives of prioritising opportunities that would arise from construction work of the project to be dedicated to growing local businesses and upgrade the skill levels of youth. The exhibition in Muscat was a follow-up to a similar forum organised in Duqm earlier.

Salim bin Nasser Al Aufi, undersecretary, Ministry of Oil and Gas, Sultanate of Oman, hailed the positive role played by Duqm Refinery in the local community, and the positive feedback on the ICV forum held the week before in Duqm Crowne Plaza, which lasted for three days.

“Duqm Refinery is the starting point for lot of other industries. It is the biggest industrial project under execution at the moment in Duqm. It is the catalyst for many other projects needed in the future. Duqm Refinery is driving lot of processes with regards to in-country value – localisation of the materials sourced and services provided. It is also a catalyst for the future petrochemical project that is integrated with the Duqm Refinery,” Al Aufi stated.

“In-country value is an absolutely critical initiative for the Sultanate. It is the direction that the oil and gas sector have adopted in the past, and the rest of the country is now embracing it. It is a mechanism by which we will retain lot of activities locally. And, we will be able to retain lot of industries locally,” commented Al Aufi.

“We try to identify the materials needed for various projects and, if it possible, those materials could be sourced from the local market, or if it not available today in the local market, then industries are created in order to supply those materials,” Al Aufi remarked.

“We encourage the investors not only to rely on the local market but also use the local market as a platform to start from, and look then around, and go beyond the borders of Oman. Many of them have already started doing that – they start locally; then they start embarking on international projects and they use the local experience to sell their know-how,” revealed Al Aufi.

Duqm Refinery in-country value programme comes as part of the attention given by His Majesty Sultan Qaboos bin Said to develop local human capital and local SMEs as two of the main pillars to build strong economy in the Sultanate. Also, the programme aims at showcasing the opportunities for Omani youth so that they can compete on the ones that fit their specialisations and future aspirations,” Al Aufi pointed out.

“In-country value programme plays an important role in further strengthening the national economy by providing the chance for SMEs to contribute on building mega projects. These programmes also prepare national manpower to work in the major economic projects in the country as one of the main factors for its success,” opined Al Aufi.

A number of public and private institutions took part in the exhibition such as SEZAD, Takatuf Oman, Al Raffd Fund, Public Authority for Small and Medium Enterprises (Riyadah), and the three global EPC contractors for the Duqm Refinery project.

All the opportunities offered under the Duqm Refinery ICV programme are showcased in a dedicated website – www.duqmrefineryicv.om – where students and SMEs can learn more about the opportunities and apply for various programmes.

SME owners who are interested in the business opportunities on offer need to be registered with the Joint Suppliers Registration System (JSRS) of the Ministry of Oil and Gas, Sultanate of Oman, to be eligible to compete on those opportunities.

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