
OQ's Ladayn Programme, Oman’s first integrated polymer-to-product industrial ecosystem, is entering a growth phase with strong investor interest and the first companies set to begin production in 2025.
Positioned as a
strategic hub for advanced manufacturing, Ladayn has signed 26 investment
agreements, securing over $220 million, with nine companies starting production
by year-end.
Ladayn focuses on
high-value applications like advanced packaging and automotive compounds,
targeting European and global converters to expand in markets with limited
local competition.
Its proximity to OQ’s
polymer feedstock and robust infrastructure enables efficient supply chains and
competitive energy pricing.
The programme has
attracted a diverse global investor base, including firms from Germany, Italy,
India, China, Turkey, and Egypt, enhancing Oman’s reputation as a reliable
manufacturing hub. Many companies are also committed to sustainability,
incorporating recycled materials into their products.
“The Ladayn Programme has moved from
concept to reality in record time. In just two years, we have attracted
investors from across the globe and built a platform that prioritises
high-value, sustainable applications. For converters, this is a chance to scale
where demand is growing and opportunities are significant”, said Sadiq Hassan
Al-Lawati, Managing Director, OQ Marketing.
“What sets Ladayn apart is the full
ecosystem we’ve built around investors, which ranges from technical support and
raw material access to renewable energy integration and export readiness. The
first nine companies starting production this year prove that Ladayn is more
than a vision; it is an operational reality,” said Mundhar Al Rawahi, Ladayn
Programme Head, OQ Marketing. -OGN/ TradeArabia News Service