13 High-Priority Projects in “ICT” with OMR 60 Million Investments

13 High-Priority Projects in “ICT” with OMR 60 Million Investments

Date: 03/06/2019

His Highness Sayyid Haitham bin Tariq Al Said, Minister of Heritage and Culture, went through the outcomes of the ICT and the Fourth Industrial Revolution Lab organized by the Ministry of Transport and Communications and the Information Technology Authority (ITA), in cooperation and coordination with the Implementation Support and Follow-up Unit, at the Oman Institute for Oil and Gas. The lab saw the participation of a number of governmental and private institutions and representatives of civil society, in order to come up with initiatives and projects that contribute to achieving the strategic directions that have been developed for the sector within the Sultanate’s plan to promote economic diversification.

During the discussions, the participants of the lab analyzed the current status of the sector, identified the possibilities, capabilities, available investment opportunities, the challenges facing the sector, solutions and suggestions to overcome these challenges and achieve the desired results of the lab.

The ICT lab ended with a number of outcomes, including initiatives and projects, under three main work streams: Hardware and Software, services, enablers. The 11 initiatives of the lab include 25 projects, 13 of were classified as high-priority. These projects will attract investments with a value of OMR 60 million and provide 1200 jobs in the private sector in the next five years.

The sector’s specialists seek to increase the contribution of ICT in the GDP to OMR 1.1 billion by 2024, which will set the basis for high-value industry and provide job opportunities for Omanis. This goal will be achieved through implementing the policies and facilitations recommended in the lab.

The main outcomes of the lab are introducing an industry-led apprenticeship program for local ICT graduates, which will be implemented through partnership between the government and the private sector. The program aims at registering no less than 50 companies as partners in the program, and providing 8750 jobs for Omani ICT graduates in the next five years.

“Introducing a Special ICT Incentive Program to Attract High-Value ICT Activities Into Oman”, “Establishing a World-Class Cybersecurity Business”, and “Promoting Oman as the Regional Disaster Recovery Data Center” are three of the main projects that came out of the lab and are relevant to attracting foreign investments.

The outcomes of the ICT lab will be followed up in the coming years with a clear methodology, specific KPIs and timelines, under the supervision of the steering committee, headed by His Excellency, the minister of Transport and Communications, with the membership of a number of relevant entities and with the support of ISFU. This is to ensure the achievement of the strategic directions of the sector.