Wednesday 31 / December / 2025
Beijing: Dr. Saleh Said Masan, Undersecretary of the Ministry of Commerce, Industry and Investment Promotion for Commerce and Industry, conducted an extensive field visit to the complexes of the "Tsingshan Holding Group" in the People’s Republic of China.
This visit serves to implement the objectives of the "Industrial Strategy 2040," which aims to transform the manufacturing sector into a primary driver of economic diversification. The visit activates the cooperation program signed with the company in October 2025, seeking to accelerate the executive steps for establishing the first integrated system for the green steel industry and downstream industries in the Sultanate of Oman, thereby enhancing Oman’s position as a leading global industrial hub.
The tour included visits to the group’s lithium battery production and energy storage system complexes, where the Undersecretary was briefed on the latest smart production lines used by the company to supply global markets with renewable energy solutions. This step reflects Oman's desire to localize clean energy supply chains, as battery technology is a fundamental pillar for supporting green hydrogen projects and ensuring the sustainability of the electrical grid, in addition to being an essential element in the future of the electric vehicle industry targeted by the Industrial Strategy 2040.
The Undersecretary and his accompanying delegation held a series of meetings with the company’s Chairman and senior executives to review the master plan for establishing an "Integrated Industrial City" in the Sultanate of Oman. The two sides discussed the requirements needed to accelerate the creation of this integrated industrial city to ensure the flow of finished products, such as steel and batteries, to global markets with high cost-competitiveness.
Abdulaziz Ahmed Al Qasimi, Head of the Capital-Intensive Industries Section at the Ministry of Commerce, Industry and Investment Promotion, emphasised the strategic importance of this cooperation.
He explained that the integrated industrial city project with the Tsingshan Holding Group represents a cornerstone in the Ministry’s path toward modern and pioneering technologies mandated by the Industrial Strategy 2040, which targets the transfer and localisation of advanced technology in two vital sectors: green steel and energy storage.
He added that the visit to the battery factories confirms the integration of the Ministry’s vision, which seeks to merge the competitive advantage of green hydrogen production with Fourth Industrial Revolution technologies to produce high-value iron derivatives and smart energy solutions for the aviation and automotive industries.
He further stressed that the Ministry's goal is to build an industrial ecosystem, provide quality employment opportunities for national cadres, and raise the sector’s contribution to the Gross Domestic Product while maintaining a strict commitment to carbon neutrality.
The Chinese Tsingshan Holding Group is considered one of the largest industrial institutions listed in the Fortune Global 500 and holds a leading global position in stainless steel technology and renewable energy materials. The company’s choice of the Sultanate of Oman as an investment destination reinforces Oman’s status as a regional platform for green industries, particularly as the company holds advanced patents in reducing carbon footprints, aligning with Oman Vision 2040 in achieving environmental sustainability and balanced economic growth.
