Profitable Project Ideas for Starting Business in Oman, Middle East. Selection of right Project, Thrust areas for Investment, Industry Startup and Entrepreneurship Projects
Oman is an Arab country that is located in the Southwestern part of the Asian continent. Muscat is the capital and largest city of Oman. Oman shares borders with 5 countries and the countries are Saudi Arabia, United Arab Emirates, Yemen, Iran (marine border) and Pakistan (marine border). Omani Arabic is the official language of Oman.
Oman is classified as a high income economy despite the fact that it is not a top oil producing nation like its oil rich neighbors. The standard of living in Oman is high compared to other countries in the region where it belongs. Oman is a country which is mostly dependent on foreign goods and services, and thus the government is now focusing more on the FDI to make it more resourceful and increase the potential GDP of the country.
Agriculture in Oman has been important for centuries. The government’s economic development policy emphasizes the expansion of such non-oil sectors as agriculture, fishing, industry, and mining in its bid to diversify the economy and diminish its dependence on oil exports. The cooler climate on the high plateau of the Al Jabal al Akhdar enables the growing of apricots, grapes, peaches, and walnuts.
Historically, fishing was second only to farming as an economic activity in pre-oil Oman. Both the Gulf of Oman and the Arabian Sea offer a variety of catch, including sardines, bluefish, mackerel, shark, tuna, abalone, lobsters, and oysters. Fishermen harvest their catch in the waters near the coast, using the traditional, small seagoing canoe, to which an outboard motor has been added.
The fishing sector (along with agriculture) is considered one of the most promising areas for commercial attention and accounts for the highest non-oil export revenue.
Agriculture is practiced mainly for subsistence and employs less than one-tenth of the population. The falaj irrigation system has long supported a three-tiered crop approach (i.e., three crops raised at different heights within the same plot), with date palms above; lime, banana, or mango trees in the middle level; and alfalfa (lucerne), wheat, and sorghum at ground level. Vegetables, melons, bananas, and dates are the country’s most significant crops. Limes that are grown in the interior oases are traded for fish from coastal areas as well as exported abroad. Grapes, walnuts, peaches, and other fruits are cultivated on the high mountain plateaus; Dhofar also produces coconuts and papayas. Although agricultural production meets some local needs, most food must be imported. Many rural families keep goats, and Oman is well known for camel breeding. Cattle are raised throughout the mountainous areas of Dhofar.
Production of mineral fuels plays an essential role in Oman’s economy, and further development of the country’s metals and industrial mineral resources could significantly contributes to the national economy.
Oman has a vast wealth of industrial rocks, minerals and metals. Some of the natural resources of Oman are petroleum, natural gas, copper, asbestos, limestone, chromium, and gypsum. The Ministry of Commerce and Industry manages the country’s mining activities according to the Mining Law and issues mining licenses, resolves mining sector disputes, and protects the environment.
Following are the Best Businesses You Can Start:
STEEL STRUCTURE UNIT
The importance of iron and steel among other materials is well known for industrialization and national economy. Basically all industries depend on iron & steel for their structural, machinery & raw material requirements. Metal fabrication is the group of entire process employed to shape the metals into the desired from by melting & costing down to hot & cold working, Read more
Engineered stone is a composite material made of crushed stone bound together by an adhesive, (most commonly polymer resin, with some newer versions using cement mix). The two common stones used in producing these products are marbles and quartz. Read more
ARTIFICIAL MARBLE TILES
With the vast potential of plastics, artificial synthetic marble is virtually replacing the use of natural marble. The qualities of artificial synthetic marble are very much the same as those of natural marble. Synthetic marble is produced out of fillers and synthetic resin is used as binder. Read more
Floor and bathroom cleaner is a liquid type of cleaner has strong disinfecting action which kills germs and repels flies and insects. It is used to clean all types of floor surfaces made of ceramic, marble granite, mosaic, cement floor etc. It is an antistatic type of floor cleaner and is specially formulated for washing antistatic/conductive PVC floors. Read more
Refractories are necessary in the metallurgical, cement, glass, and machine tools industries where kilns and furnaces are used for value addition process to materials. Dolomite refractories are currently in use in some countries such as China, France, England India etc. Read more
PRODUCTION OF DIFFERENT GRADES OF LIME FROM LIMESTONE (TECHNICAL GRADE LIME, REFRACTORY GRADE LIME, AGRICULTURE GRADE LIME, FCC GRADE LIME)
Lime is manufactured from lime stone. Lime is mainly used for manufacture of hydrated lime. Hydrated lime is a dry powder obtained by treating quick lime with water. It consists essentially of calcium hydroxide and some magnesium hydroxide. Read more
GYPSUM PLASTER BOARDS – MANUFACTURING PLANT, DETAILED PROJECT REPORT, PROFILE, BUSINESS PLAN, INDUSTRY TRENDS, MARKET
For a building being constructed the one and only thing which is to be considered is its strength of bearing load of both environmental artificial. But now-a-days not only strength but the look of the construction also matters. For giving good strength & attractive look Gypsum Plaster Boards are used. Read more
Silicon is the second most common element in the Earth’s crust, although it is hard to find it in nature as a pure element. China is by far the world’s largest producer of silicon, including thereby silicon content for ferrosilicon and silicon metal. Read more
COPPER WIRE DRAWING (FROM HIGHER SIZE TO VERY THIN SIZE USED IN ELECTRICAL CABLES)
Copper wire is an essential material for electrical cables, motor and transformer winding. It is available in different gauges. The gauge of the copper wire depends upon the winding required for the specific motor or transformer. On the basis of high conductivity, strength and ductility, Read more
The Indian wine industry is in its nascent stage. The per capita consumption of wine in India is only 10 ml per annum as against 100 litres per year in Argentina and 65 litres in the European countries. However, the Indian wine industry has been continuously growing over the last ten years. Read more
There are varieties of fish available in India. They are sweet water fish and salty water fish. Both the fishes can be stored by dehydration. Dehydration is a process technique of removal of water from fish bodies by mechanical means i.e. heat and dehumid air over the fish. Read more
Jewellery making is one of the oldest industries in India. It has been a traditional craft in India, each region in the country specialising in different designs and skills. Jewellery is one trade, which is still placed in the cottage industry category. The chief uses of gold is in jewellery, Read more
The manufacturing process of distribution transformers are quite similar to the process of power transformers. It consist of laminating cores, enamelled wire, iron and stands etc. The rapid expansion of energy programme of Govt. of India will boost the economy of the country to a great extent. Read more
Cargo containers, an item which is essential for transporting of essential commodities form one country to the other country. Now a day’s export and import trade is increasing very fast. Accordingly demand of cargo containers is also increasing. Export growth is increasing 20% per annum. Read more
STEEL ROLLING MILL
The chief departments of a metallurgical plant operating on a complete are to finished product cycle are that operating on a complete are to finished product cycle are that blast furnace, steel making and rolling departments. The finished product of such a plant is rolled stock of various purposes, Read more
MEDICAL ALCOHOL FROM DATE JUICE CONCENTRATE
Date is one of the best fruits, which contains fructose as sugar ingredients, which is totally fermentable sugar and can be completely converted to ethyl alcohol by fermentation process. There are few expensive fabricating companies who can design the distillery plants and fabricate the plants. Read more
Fish Meal is a dry & easily stored product forming a valuable ingredient of the rations of farm animals, particularly young pigs & poultry. Production of fish meal is basically from white fish offal, chiefly heads back bones. For the production in some factories, pelagic fish such as herrings, sardines & pilchards are used. Read more
TMT BARS (SARIYA) PROJECT
Thermo Mechanical Treatment (TMT) process for reinforcement bars is opening up new vistas in composite RCC, the re-enforcing steel is the costliest constituent (30 to 40% Per Cu. M. of concrete). This cost can be substantially reduced by using higher grades of steel re-enforcing bars. Read more
Grape is considered as a sophisticated fruit from the very old times. It is cherished as fresh fruit, stored as raising, drinks as wines and medicines from the time immemorial. During the ancient times grape were cultivated in European countries mainly for making wines. Read more
Starch occurs naturally in the plants and its percentage varies with the plant and also in different parts of the same plant. Corn (maize), sorghum, grain wheat, rice, potato, tapioca, arrow root and sago are among the important sources of natural starches. Read more
Wheat is grown in most parts of the world, from near arctic to near equatorial latitudes. It is the most important crop among the cereals by area planted and is followed in importance by corn, barley and sorghum. The amount of wheat traded internationally exceeds that of all other grains. Read more
Barley Malt is germinated cereal grains that have been dried in a process known as “malting”. The grains are made to germinate by soaking in water, and are then halted from germinating further by drying with hot air. Malting grains develop the enzymes required to modify the grain’s starches into sugars, Read more
ICE CREAM OF DIFFERENT FLAVOURS
Ice cream is defined as a frozen dairy product made by suitable blending and processing of cream and other milk products together with sugar, flavour, stabilizer and incorporation of air by agitating during the freezing process. Read more
PETROLEUM DISTILLATION PLANT (OIL DISTILLATION/REFINERY PLANT)
Petroleum, oily, flammable liquid that occurs naturally in deposits, usually beneath the surface of the earth; it is also called crude oil. It consists principally of a mixture of hydrocarbons, with traces of various nitrogenous and sulfurous compounds. Read more
CATTLE FARMING (500 COWS)
Dairy farming has been part of agriculture for thousands of years, but historically, it was usually done on a small scale on mixed farms. But today, India derives nearly 33% of the gross Domestic population from agriculture and has 66% of economically active population, engaged in agriculture. Read more
Cheese is basically milk product, which is manufactured from milk by acidulation and then by filtration. The precipitate is cheese, there are few seeds and cereals grain contains highly soluble protein, fat and carbohydrate. By grinding and mixing with water, it forms substitute of animal (cow, buffalo) milk. Read more
Chocolates is the favourite item of children. Chocolates and Cocoa products supply proteins, fats, Carbohydrates, Vitamins and Minerals. Its primary feature is solid at room temperature and yet melt rapidly in the mouth a 37C giving a liquid with appears smooth to the tongue. Read more
GOAT REARING & BREEDING
Goats, one of the world’s smallest domesticated livestock, have been actively managed for food and fiber earlier and longer than cattle and sheep. India possesses the largest goat population and ranks first in the world. In the prevailing socio-economic conditions in India where per capita holding is hardly 0.2 ha, Read more
TUTI FRUITY FROM PAPAYA FRUIT
Papaya is second most nutritive food to Mango. Tuti fruity is made by impregnating fruits with flavour & taste along with attractive colour. It is useful in the preparation of other food items such as toppings. It provides attractiveness as well as nutritive value to many food items. Read more
BABY CEREAL FOOD
Food is mainly composed of three main groups of constituents i.e., carbohydrates, Fat & Protein. The baby cereal food is that enriched food which has a requisite level of nutrition. This requisite level is prescribed by various dieticians & physicians for children. Read more
E-WASTE RECYCLING PLANT (ELECTRONIC WASTE, E-WASTE, E-SCRAP, OR WASTE ELECTRICAL AND ELECTRONIC EQUIPMENT (WEEE))
E-waste is a popular informal name for electronic product nearing the end of their useful life. Computers, televisions, VCR, stereos, copier, and fax machine are common electronic product. Many of these product can be reused, refurbished and recycled. Read more
Sanitary Napkins is one of the item of non-woven textile. It may come under speciality textile group. According to industry observers, India’s health care industry is expected to grow around 13 % per annum. The product has very good export potentiality. Read more
PAPER NAPKINS, TOILET ROLLS & FACIAL TISSUE
Paper is one of the necessities of civilization and it is almost impossible to imagine the continuance of a world without a printed books and newspapers. Facial and toilet tissue papers fall in the category of light weigh sanitary tissue and comprise of items viz facial tissue, sanitary tissue, Read more
Bakery is one of the oldest among the food processing activities. An estimated 78,000 bakeries operate in India. The production of bread is estimated at 11.5 lakhs tonnes and biscuits at 7.8 lakhs tonnes. In this sector 25-30 percent of production is from organized sector units. Read more
JAM, JELLY, CHUTNEY, PICKLES & SQUASHES
Among preserved fruits, jam, jellies, pickles and squashes forms an important class of products. Apart from fruit juices, squashes are also used in the form of drinks. These are found as attractive items in the functions. Sauces, ketchup, jams and jellies are used with breads etc during snacks. Read more
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