7 Omani polymer startups gain access to global market

Muscat: The Oman Chamber of Commerce and Industry (OCCI) on Tuesday held a ceremony to mark the passing out of 7 startups in implementation of an initiative titled “Plastic Exports Acceleration Programme”, which was designed to enhance the capabilities of Omani companies operating in the polymer sector and achieving the access of startups to global markets.Organised by the OCCI in cooperation with OQ (the global integrated energy group), the ceremony was held under the auspices of Faisal bin Abdullah Al Rawas, Chairman of the OCCI Board of Directors. The programme, which lasted for two months, focused on enhancing the readiness of startups for exports and developing their aptitude to access global markets, notably in the United States of America. It was also part of efforts to generate new commercial opportunities for value-added Omani products.The programme stems from constant cooperation between the OCCI (via its US Commercial Office) and the OQ. It was in pursuance of the OCCI’s role to consolidate the competitiveness of Oman’s industrial sector and empower national companies to expand in regional and global markets.Such initiatives aim to augment the contribution of converting industries and non-oil exports to the Gross Domestic Product (GDP).The partnership also reflects OQ’s ongoing commitment to fostering the growth of Oman’s polymer sector, maximising In-Country Value (ICV) and opening up vistas for facilitating the access of Omani products to global markets.