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HomeInvestmentOman Boosts Local Procurement with Rabt Platform

Oman Boosts Local Procurement with Rabt Platform

Oman has launched the Rabt platform to strengthen local procurement in government tenders. The Public Establishment for Industrial Estates (Madayn) introduced this initiative to improve partnerships between the government and private sector. Eng. Salim Nasser Al Aufi, Minister of Energy and Minerals, attended the launch event.

The Rabt platform connects government procurement with local industries. It helps businesses participate in tenders and increases the use of local products. This initiative also enhances competition in the market by promoting high-quality local goods and services.

Currently, Rabt features over 5,000 industrial products and services. More than 300 factories and companies from Madayn’s industrial cities contribute to this platform. It provides a reliable database to support government purchasing decisions.

At the launch event, local contractors signed agreements with suppliers. These deals ensure that businesses winning government tenders source materials locally. This approach boosts the national economy and creates new opportunities for local industries.

Rabt strengthens local procurement by linking industries with government projects. It gives businesses better access to contracts and increases their market reach. This connection helps Oman develop a more competitive and sustainable industrial sector.

The platform aligns with Oman’s long-term economic vision. It encourages industries to expand and deliver high-quality products. By improving local procurement, Rabt ensures government spending benefits Omani businesses.

The initiative will attract more companies in the future. Businesses will gain easier access to opportunities, increasing economic stability. Rabt strengthens local procurement by supporting industries and government collaboration.