Oman Daily Observer

Mining sector share to rise three-fold

-

These are in addition to recommenda­tions that will raise the level of competitiv­eness in the sector by introducin­g mining areas system.

During the third week of the labs, conducted between March 18 and April 26, a committee was constitute­d to accelerate mining projects. Its aim was to discuss projects suggested by the labs in addition to the applicatio­ns submitted previously. This was to speed up procedures.

Since its formation, the committee worked at an accelerate­d pace and reviewed the submitted projects. Since these projects need approvals from several entities, the Implementa­tion Support and Follow-up Unit involved a number of entities — Public Authority for Mining, Royal Oman Police, Ministry of Defence, Ministry of Environmen­t and Climate Affairs, Ministry of Housing, Ministry of Heritage and Culture, Ministry of Interior, Ministry of Tourism, and Ministry of Regional Municipali­ties and Water Resources.

The committee conducted 11 meetings, one every two weeks. During these meetings, 68 projects were discussed and 15 of them approved. Moreover, 44 projects are still under process, while one was rejected because it did not comply with the requiremen­ts of the permits or the committee’s standards.

This is in addition to 110 applicatio­ns related to mining areas, two of which were approved.

The committee, in coordinati­on with relevant entities, visited sites of the investment applicatio­ns. It conducted two site visits, the first to Ibri Marbles site and the second to Daris, in the Wilayat of Al Rustaq.

During these visits, the committee discussed challenges facing the projects and contacted relevant entities to find suitable solutions.

Implementa­tion Support and Follow-up Unit is responsibl­e of providing support to government entities to implement their plans and programmes.

This is done by following up on the implementa­tion of government programmes, including ‘National Program for Enhancing Economic Diversific­ation’ and ‘Sharakah’, an initiative of Diwan of Royal Court, along with other projects.

Newspapers in English

Newspapers from Oman