Oman Embassy Hosts Interactive Roundtable to Boost Indo-Oman Polymer Sector Ties
The Embassy of the Sultanate of Oman in New Delhi, in collaboration with the All India Plastic Manufacturers Association (AIPMA), successfully hosted a high-level roundtable discussion aimed at unlocking investment opportunities in the polymer sector under the umbrella of OQ’s Ladayn Program.
Titled “Ladayn: Unlocking Investment Potential for Plastic Manufacturers to Oman”, the event focused on strengthening industrial and economic collaboration between the Republic of India and the Sultanate of Oman. It introduced participants to Oman’s cutting-edge Polymer Park and the Ladayn Program—Oman’s first-of-its-kind national initiative supporting the growth of its polymer industry. The program offers attractive incentives, advanced infrastructure, and facilitation services for plastic converters and associated industries interested in establishing operations in Oman.
The event was hosted at the Embassy of the Sultanate of Oman in Chanakyapuri, New Delhi, and included a networking lunch following the interactive session.
H.E. Issa Saleh Abdullah Alshibani, Ambassador of the Sultanate of Oman to India, addressed the gathering and emphasised Oman’s commitment to fostering deeper industrial ties with India and positioning Oman as a strategic investment destination in the region.
Under the patronage of H.E. Issa Saleh Al Shibani, the Ladayn team, in collaboration with AIPMA, Plastic Association Membership in India and the Omani Embassy in Delhi, will hosted a dedicated roadshow to promote investment opportunities in Oman’s polymer sector. As part of this initiative, OQ has signed a new investment agreement with Seven Seas Industrial Projects LLC, a forward-looking venture committed to enhancing local manufacturing capabilities in Oman.
The project will be located at Sohar Industrial Estate with a total investment of approximately USD 5.2 million (OMR 2 million). The company will focus on manufacturing water storage tanks using OQ’s advanced roto-molding polymer grades, in addition to producing polymer color compounds in powder form.
Occupying 5,000 m². This investment strongly aligns with Oman’s downstream plastics strategy, adding value to domestic raw materials and contributing to the growth of the industrial sector. Project operations are anticipated to commence within the next 18 months. Marking another milestone in positioning Oman as a regional hub for advanced polymer-based manufacturing
A special session on the Legal Overview of Foreign Investment in Oman was delivered by the Bait Al Qanoon legal team, comprising Abdullah Al Nabhani, Partner – Dispute Resolution; Noor Al Khonji, Senior Associate – Corporate; and Hamza Al Busaidi, Associate – Dispute Resolution. Their insights provided attendees with a comprehensive understanding of the regulatory landscape and legal facilitation for foreign investors in Oman.
The event also witnessed the presence of Munthar Al Rawahi – Head of Ladayn Program, Sheikha Al Rahbi – Senior Specialist Business Development at Ladayn Program, Hayat Al Ghassani -Senior Specialist Business Development at Ladayn Program and Dr. Waiel Awwad, Acting Secretary General of the India & Arab Chamber of Commerce, Industry & Agriculture (IACCIA), who discussed the growing importance of Indo-Arab economic cooperation and the mutual benefits of industrial collaboration in emerging sectors.
The roundtable served as a dynamic platform for dialogue and partnership building, reaffirming the shared vision of both nations to deepen their strategic and economic engagements, particularly in the manufacturing and polymer sectors.