Presenting investment opportunities in Innovation Park Muscat in front of the Ministry of Commerce, Industry and Investment Promotion
HE Dr. Saif bin Abdullah Al Haddabi, Undersecretary of the Ministry of Higher Education, Research and Innovation for Research and Innovation, has held a meeting with HE Aseela bint Salem Al Samsami, Undersecretary of the Ministry of Commerce, Industry and Investment Promotion for Investment Promotion, at Innovation Park Muscat (IPM) of the Ministry of Higher Education, Research and Innovation to discuss investment opportunities in IPM with the aim of attracting local and international companies to invest in the fields of research, innovation and development through the Ministry of Commerce, Industry and Investment Promotion.
Innovation Park Muscat is considered as the first scientific area in the Sultanate to provide a stimulating environment and incubator for research investment, as it is located next to Sultan Qaboos University in Al Khoud on an area of 540 thousand square meters. It provides various opportunities for investment, whether by providing 10 plots of land, each of which is 8000-10000 square meters, or through the operational services of the facilities of IPM, such as the administration of the IPM building, scientific incubators, the Social Center, an international school, a social club, a hotel space, and other investment opportunities. During the meeting, investment opportunities were discussed in the Oman Animal and Plant Genetic Resources Center (Mawarid), which has a clear plan to establish the proposed project components on large lands owned by Mawarid in Nakhl.
With IPM, it seeks to provide a stimulating environment for researchers, innovators and entrepreneurs, by providing them with the appropriate support and needs, which will in return contribute to the development of manpower and increase their motivation towards research, as well as raising their participation in the use of knowledge, developing ideas and products, and transforming them into a local product based on research and innovation, which will lead to strengthening the government's efforts to diversify the economy and build a knowledge-based economy.