Sunday 26 / October / 2025
Muscat: Omani companies will get a chance to participate in multinational projects and contribute to the In-Country Value (ICV), thanks to a new electronic system called Ta’ziz (reinforce in Arabic).
The system, inaugurated on Tuesday by the Omani Authority for Partnership for Development, will allow Omani SMEs to register online to work along with multinational projects.
Dr. Dhafir Al Shanfari, the CEO of the authority, told Times of Oman, “This is a project that we have been working on to expand the application of Direct Offset/ICV which basically would lead to a platform for local companies to access international OEMs (original equipment manufacturers) who have obligations in Oman.
“This hopefully creates a platform for looking to increase local content, developing industrialisation, creating export potential, and certifying these companies to be part of the international supply chain in the future. We hope that there will be many benefits in the coming years depending on efficient use of this system.”
Rahma Al-Riyamy, OAPFD Consultant and Ta’ziz System Manager, said, “OAPFD has a clear marketing plan for Ta’ziz System, that includes workshops and practical sessions in Muscat and outside Muscat to present the system in cooperation with the government and private entities such as Mada’in, The Ministry of Defence, the SMEs incubator and others”.
All future programmes with the OAPD will go through this system, which will allow SMEs to register to become part of these large products and contribute to the economy, according to Al Shanfari.
The authority aims to sign 8 new agreements in civil, defence, and security sectors in 2019, according to the authority’s annual report for 2018.
The report states that the goals of its partnerships are “To develop human resources and transfer knowledge, to reinforce security and military capabilities, and to develop the private sector.
The authority has “provided more than 1000 direct jobs in 2018, trained 41,588 trainees and 400 trainers, supported 405 loans from SMEs, and designated more than OMR5 million to invest in human resources in different training programmes” in 2018.
