Rise in industrial applications submitted through Oman’s Invest Easy portal

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MUSCAT: More than 4,900 new modern applications have been submitted through the Invest Easy entryway for new enrollment and recharging in the principal quarter of 2021, as per the Ministry of Commerce, Industry and Investment Promotion (MoCIIP).

“The quantity of modern applications submitted for new enlistment or for reestablishment, through the electronic entry “Contribute Easy” in the first quarter of 2021 – (January-February-March), arrived at 4981 modern applications, up by 152.5%, contrasted with 1973 modern applications in a similar time of the last year 2020,” MoCIIP said in an assertion.

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In this unique situation, MoCIIP called attention to that, the Sultanate’s Industrial Strategy 2040 as a team with different accomplices in people in general and private areas, “targets looking for a venture potential open doors for different areas, reinforcing the monetary expansion, bringing the Sultanate’s evaluating up in the global markets, advancing unfamiliar direct speculation, and improving the sultanate’s commodities and its variety.”

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Ibtisam Bint Mohammad Al Alawiya, the Secretary of the Industrial Register at the Ministry of Commerce, Industry and Investment Promotion has explained that the quantity of new modern uses of speculation cost not as much as RO 5,000, submitted to MoCIIP during the primary quarter of 2021, arrived at 4737 applications, contrasted with 1936 applications in a similar period in 2020.

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