His Excellency Dr. Saleh bin Saeed Masan, Undersecretary of the Ministry of Commerce, Industry and Investment Promotion for Commerce and Industry, conducted an extensive field visit to the industrial complexes of Tsingshan Group in the People’s Republic of China. The visit comes within the framework of translating the objectives of the Industrial Strategy 2040, which aims to transform the manufacturing sector into a key driver of economic diversification.
This visit follows the cooperation program signed with the company in October 2025 and seeks to accelerate the implementation steps for establishing the first integrated ecosystem for green steel production and downstream industries in the Sultanate of Oman, thereby strengthening Oman’s position as a leading global industrial hub.
The tour included visits to the group’s lithium battery production complexes and energy storage systems, where His Excellency reviewed the latest smart production lines used by the company to supply global markets with renewable energy solutions.
This step reflects Oman’s aspiration to localize clean energy supply chains, particularly as battery technology represents a fundamental pillar in supporting green hydrogen projects and ensuring the sustainability of the power grid, in addition to being a core element in the future of the electric vehicle industry targeted by the Industrial Strategy 2040.
His Excellency the Undersecretary and the accompanying delegation also held a series of meetings with the company’s Chairman and senior executives, during which the master plan for establishing an “integrated industrial city” in Oman was reviewed. The two sides discussed the requirements needed to accelerate the development of this integrated industrial city, ensuring the flow of final products (steel and batteries) to global markets at highly competitive costs.
For his part, Abdulaziz bin Ahmed Al-Qasimi, Head of Capital-Intensive Industries at the Ministry of Commerce, Industry and Investment Promotion, emphasized the strategic importance of this cooperation, noting that the integrated industrial city project with Tsingshan Group represents a cornerstone of the Ministry’s path toward advanced and pioneering technologies outlined in the Industrial Strategy 2040. The strategy aims to transfer and localize advanced technologies in two vital sectors: green steel and energy storage.
He added that the visit to the battery factories underscores the integration of the Ministry’s vision, which seeks to combine Oman’s competitive advantage in green hydrogen production with Fourth Industrial Revolution technologies to produce high-value steel derivatives and smart energy solutions serving the aviation and automotive industries.
He further affirmed that the Ministry’s goal is to build a comprehensive industrial ecosystem, create high-quality employment opportunities for national talent, increase the sector’s contribution to GDP, and maintain a firm commitment to net-zero carbon neutrality.
It is worth noting that Tsingshan Group is one of the largest industrial conglomerates listed in the Fortune 500, holding a leading global position in stainless steel technology, renewable energy materials, and battery manufacturing.
The company’s choice of the Sultanate of Oman as an investment destination further enhances Oman’s status as a regional platform for green industries, particularly given Tsingshan’s advanced patents in reducing carbon footprints—an approach that aligns closely with Oman Vision 2040 in achieving environmental sustainability and balanced economic growth.
