Exciting news from Oman as the Ministry of Energy and Minerals introduces the Majd Local Content Programme, a game-changing initiative to boost local content in the energy and minerals sectors. At the launch event, 12 agreements worth over US$172.5mn were signed, signaling a major step towards economic growth and sustainability.
Government officials and industry leaders gathered to witness the signing of these agreements, highlighting the strategic focus on national industries and economic diversification. With a strong emphasis on creating jobs for Omani youth, the programme aims to nurture local talent and drive industry growth.
Through partnerships with local businesses, the Majd programme has already contributed significantly to Oman’s economy, creating over 3,000 jobs and supporting more than 100 industrial facilities. The agreements signed cover a wide range of sectors, from construction to drilling services, showcasing the commitment to promoting local manufacturing capabilities.
As part of Oman Vision 2040, the Majd programme aims to build sustainable human capital and strengthen the sultanate’s economy by reducing reliance on imports and enhancing local industries. With a focus on creating opportunities and empowering local businesses, the Majd programme is set to transform Oman’s energy and minerals sectors.