Oman’s OQ has signed an investment agreement with Aurum Polymer Solutions to develop a new industrial project in the Al Awahi Industrial Area in Suhar, focused on the production of a diverse range of polymer compounds and rotational moulding compounds.
The agreement was signed on the sidelines of the Suhar Investment Forum, underscoring OQ’s commitment to strengthening Oman’s downstream industrial ecosystem.
The new project will contribute to expanding local manufacturing capabilities, supporting value-added production, and enhancing the competitiveness of Oman’s polymer sector. It also reinforces the strategic role of the Ladayn Polymer Programme as a national platform designed to stimulate downstream industrial development, encourage innovation, and attract high-quality investments.
With the signing of this agreement, the total number of investment agreements under the Ladayn Programme has increased to 28, representing cumulative investments exceeding USD 220 million. Notably, nine participating companies had already commenced production by the end of last year, reflecting tangible progress on the ground.
In 2025 alone, 11 new agreements were signed, highlighting the strong momentum of the Ladayn Programme in enabling local manufacturing, fostering strategic partnerships, and accelerating sustainable industrial growth across the Sultanate of Oman.
