'Invest Easy' portal helps in achieving transparency

Business Saturday 31/March/2018 14:49 PM
By: Times News Service
'Invest Easy' portal helps in achieving transparency

Muscat: The Ministry of Commerce and Industry (MoCI) is playing its role in implementation and follow-up of the government's directions in various types of investments, setting up procedures to ensure ease of investors, introducing opportunities and places of localisation, and planning and optimal utilisation of resources in the Sultanate.
There is a partnership between the public sector and private sector for coordination in the process of promotions and to attract investments through joint economic committees comprising government agencies and the Oman Chamber of Commerce and Industry (OCCI).
The services have been made easily available on the 'Invest Easy' portal for investors and the business sector. It has clarity and transparency, saves time and efforts, and increases confidence among investors.
Abdullah bin Saif Al Shandoudi, Director of Commerce and Industry in Al Dakhliya governorate, said the number of commercial, industrial and intellectual property transactions, specifications and standards purposes in the department reached 15,751 between January 1 and December 31, 2017.
He said the number of transactions for application of commercial registrations in all categories reached 6,772. These included new commercial registrations, renewals, requests for commercial licences, transfer of ownerships of the companies, amendments or corrections of various information, liquidation of all types of commercial establishments, certificates of origin for industrial and agricultural products, amendments in the contract of mortgage, mortgage registration, documentation of contracts for sale and other issuing certifications, etc.
Al Shandoudi also said the number of transactions related to commercial registrations, made through the offices of Sanad in the Al Dakhliya governorate was 5,149. They were related to updating of data of commercial institutions and establishing and renewing their applications. The number of reports of ground visits of oil filling stations of cars and warehouses for the sale of liquefied petroleum gas cylinders also amounted to 178.
He also pointed out that according to the instructions received from the Ministry of Commerce and Industry, inspection experts launched inspection and control campaigns in all marketing complexes and shops of Omani daggers in the governorate. This is important to ensure there is no violation of the specifications in manufacturing Omani daggers. He said that a committee, comprising the Department of Commerce and Industry, Public Authority for Consumer Protection and the Public Authority for Craft Industries in the Al Dakhliya governorate, was formed for the purpose of conducting inspections and visits. The Department of Commerce has also launched inspection and control campaigns in markets and shopping complexes, which are meant for garments, to ensure there are no violations. The department also held a workshop to introduce commercial and industrial licences in the Chamber of Commerce and Industry of Oman of Al Dakhliya governorate.
Industrial transactions
The director of commerce in the Al Dakhliya governorate said the number of licenced industrial transactions in 2017 was 377. These included industrial licences, updating or renewal of industrial licences, updating of industrial licence data, cancellation of industrial licences or registrations, and requests for employees, follow-ups and inspections.
Intellectual property
Al Shandoudi said: There were 311 transactions related to intellectual property and trademark. They were made for applications for the deposit of intellectual work, registration of a trademark, request for trademark examination, request for registration of trademark data, announcement of acceptance of the trademark, registration of the trademark and late fines for renewal of the trademark registration.
Standards and specifications
There were 2,964 transactions made in the department of standards in the Al Dakhliya governorate last year, according to Al Shandoudi.
He said all these transactions were made for technical control at the time of import, initial approvals for the production of factories, quality control of local companies and factories, calibration of scales, ground visits to gold shops, certificate of validity of food products, health certificates, release of imported products, certificates of origin for local products and follow-up and inspection campaigns for activities under the supervision of the department.
He also said that most transactions for customs exemptions were carried out electronically in the system “Biyan”, while the sale of the standard specifications was also done electronically on the website of the standard specifications e-shop of the Ministry of Commerce and Industry.