NBC event highlights opportunities for SMEs, entrepreneurs in OFIC

Muscat - 

The National Business Centre (NBC), which pertains to the Public Establishment for Industrial Estates (Madayn), organised on Tuesday an event as part of NBC’s Mashura initiative at Riyada incubator. 

Held in cooperation with the Public Authority for Small and Medium Enterprises Development (Riyada), the event highlighted the opportunities available in Oman Food Investment Holding Company (OFIC) for entrepreneurs and small and medium-sized enterprises (SMEs).

Asim al Zadjali, investment manager at OFIC, stated that OFIC is a state-owned-enterprise aimed at promoting Oman’s food security. He noted that the vision of OFIC is to become the recognised leader for promoting strategic investments in the food sector locally and internationally to improve food security in the sultanate.

Zadjali elaborated on the objectives of OFIC, which comprise targeting commercially viable projects in Oman and internationally that will create both strategic and financial value.

Zadjali pointed out that the available opportunities at OFIC for entrepreneurs and SMEs include opportunities in the establishment and construction phase, transporting and storage, provision of human cadres, safety requirements, raw materials, branding services, marketing tools and information system. Additionally, there are also opportunities in the production phase such as logistics, warehousing, finding distributors to transport products the various governorates in Oman and to public and private bodies and hotels, among other opportunities. 

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