Oman Daily Observer

Oman Drydock to hold business forum for SMES

- BUSINESS REPORTER MUSCAT, JUNE 10

With an intention to offer local vendors and suppliers an overview of the company and make them cognizant of the business opportunit­ies available at the drydock, Oman Drydock Company (ODC), a subsidiary of the government-owned holding company Asyad, will be organising a forum for the local SMES (vendors and suppliers) at the end of this month.

This forum intends to boost ODC’S In-country Value (ICV) contributi­on by focusing on local supplier and vendor selection thereby developing Oman’s economy.

The objective to the symposium for ODC, one of the world’s largest and most modern ship repair yards, is to present the available business opportunit­ies at ODC and establish strategic relationsh­ips with SMES and private sector companies in a number of areas.

“Over the years ODC has been providing high-value services including ship repair in engineerin­g, fitting, blasting, painting, and procuremen­t, as well as testing and trials. To further augment the company’s service capabiliti­es, we want to build partnershi­ps with SMES and local companies and introduce them to a wide spectrum of business opportunit­ies available with ODC,” Asyad Group Chief Executive Officer Abdulrahma­n bin Salim al Hatmi said.

“We strive to support local SMES and businesses by providing them an opportunit­y to offer their specialise­d services to ODC’S esteemed clients in the maritime industry.

ODC’S ICV strategy aims to further reinforce its alliances with the local private sector and encourage further opportunit­ies for local businesses to benefit and grow,” Al Hatmi added.

“In line with the directives of the government, ODC is committed to engaging with and supporting the SMES and local vendors,” Oman Drydock Company chief executive officer Said bin Homoud al Maawali said. “This forum is aimed at increasing the company’s ICV contributi­on and strengthen­ing its relationsh­ip with the local businesses. Through this engagement with suppliers and vendors, we hope to encourage local companies and SMES to participat­e in the overall developmen­t of the local economy. Besides, small enterprise­s can provide important services and products in the supply chain of larger companies.

We want to create opportunit­ies and collaborat­e with competent SMES and private sector companies.” He added also that “we are looking for manpower suppliers, painting and blasting capable contractor­s, mechanical and electrical maintenanc­e contractor­s, investors for projects ranging from $500,000 to $25 million, Omani entreprene­urs capable of cooperatin­g with internatio­nal marine services companies, transporta­tion service providers and amp services providers.”

THIS FORUM INTENDS TO BOOST ODC’S INCOUNTRY VALUE (ICV) CONTRIBUTI­ON BY FOCUSING ON LOCAL SUPPLIER AND VENDOR SELECTION THEREBY DEVELOPING OMAN’S ECONOMY.

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