2016
IIP Gold Certificate
2015
Registering Companies with ‘Invest Easy’

The Invest Easy portal (One Stop Shop) provides fast and easy e-services to help set up and manage companies in Oman.

2014
PAIPED becomes Ithraa

Meaning enrichment, underscores the Authority’s continuing work to attract and assist inward investors as well provide a range of support services to Oman’s growing number of non-oil exporters

2013
UNCTAD Investment Promotion Award

Excellence in Promoting Export-oriented Foreign Direct Investment

Gulf Cooperation Council & Singapore sign Free Trade Agreement

The GSFTA is a milestone agreement in strengthening ties between the GCC (Bahrain, Kuwait, Oman, Qatar, Saudi Arabia and the United Arab Emirates) and Singapore. Covering trade in goods, trade in services, investments, rules of origin, customs procedures, government procurement, electronic commerce and economic cooperation.

2012
Royal Decree to form the Public Authority for Investment Promotion & Export Development (PAIPED)

Royal Decree 35/2012 announced the Public Authority for Investment Promotion and Export Development’s (PAIPED) affiliation with the Sultanate’s Ministry of Foreign Affairs

IIP Bronze Certificate
2011
Establishment of the Special Economic Zone in Duqm

An area of 1,777 sq km, with 80 kilometers of oceanfront that hosts Port of Duqm; Power Generation & Water Desalination and Distribution Area; ReNJnery and Petrochemicals Complex; Warehousing and Logistics Zone; Light Industrial Zone; Tourism Zone; Fish Processing Cluster and Fishery harbor, and Duqm Town and Business Centre

2006
Oman & US sign Free Trade Agreement

The FTA includes new tariff schedules, broad commitments to open markets and provisions to support those commitments, and protections for labor and the environment. It provides immediate duty-free access for almost all consumer and industrial goods, with special provisions for agriculture and textiles and apparel

Salalah Free Zone Established

With industrial investments in excess of US$3.5 billion, Salalah Free Zone has already made an impressive beginning. Aiming to achieve US$15 billion in investments by 2028 and is focusing on key areas of Chemicals and Materials Processing, Manufacturing and Assembly, and Logistics and Distribution

2005
Oman joined the Greater Arab Free Trade Area

Declared within the Social and Economic Council of the Arab League as an executive program to activate the Trade Facilitation and Development Agreement that has been in force since 1 January 1998. The GAFTA includes in its membership 17 Arab countries

2003
Knowledge Oman Muscat Established

Oman’s flagship technology park was established to create an environment in which budding entrepreneurs, small and medium-sized enterprises and established multi-nationals can coexist, innovate and flourish within a Middle East setting. Hosts several bluechip companies such as Oracle, Hewlett Packard, Motorola, Microsoft, NCR, Huawei and several other dynamic hi-tech start-ups

2002
OCIPED IIP Certificate

First organization in the MENA region to receive Investing in People certification

Sohar Port and Freezone Established

Managed by Sohar Industrial Port Company (SIPC), a 50:50 joint venture between the Port of Rotterdam and the Sultanate of Oman

2000
OCIPED ISO 9001 certified

First Omani government organization to be ISO certified for quality management system

Oman joined the World Trade Organization
1996
OCIPED Established

The Omani Centre for Investment Promotion and Export Development (OCIPED) was formed by a Royal Decree No. 59/96 dated 26th June 1996 aimed at increasing the contribution of the private sector to the investments required for the development plans and promoting the export of Omani products to global markets.