Oman Invites Indian Investors to Develop Aluminium Processing Zone
Oman is seeking Indian investment for a new aluminium processing zone, aiming to replicate its successful plastics cluster. The Ladayn programme intends to establish a complete ecosystem around aluminium, focusing on value-added processing. Since 2020, bilateral investment between India and Oman has tripled to $5 billion, with a growing emphasis on metals manufacturing. The recently signed CEPA provides zero-duty access, promoting industrial collaboration. Oman positions itself as a gateway for Indian businesses, enhancing trade dynamics and regional market access.
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Oman is inviting Indian investors to participate in a new aluminium processing zone under the Ladayn programme, aiming to create a comprehensive ecosystem for aluminium industries. This initiative follows the success of its plastics development zone, which has attracted 28 projects.
Bilateral investment flows between India and Oman have tripled to $5 billion since 2020, with a focus on metals manufacturing. The India-Oman Comprehensive Economic Partnership Agreement offers zero-duty access, enhancing industrial collaboration. Oman seeks to leverage its aluminium infrastructure for downstream processing and green production, presenting itself as a strategic gateway for Indian companies to access markets in Africa, Europe, and the Middle East.
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