Voltamp Energy’s “Watanha” initiative has drawn participation from 84 firms across Oman, the United Arab Emirates, Qatar, Saudi Arabia, India, and China, all competing for investment opportunities linked to the localisation of key energy-sector manufacturing. This engagement highlights increasing investor confidence in Oman's industrial capabilities and the nation's potential to develop local production of high-value energy components.
The companies are vying for contracts related to 10 strategic products and components identified by the initiative, with each category attracting interest from more than 15 qualified participants. This strong turnout underscores the momentum behind the programme and the growing appeal of Oman as a hub for energy-related industrial localisation.
Voltamp Energy recently hosted a comprehensive workshop under the “Watanha” banner, convening a diverse group of stakeholders including government agencies, investment bodies, industrial development organizations, small and medium enterprises (SMEs), technology partners, and investors. The event emphasized enhancing local value addition and fortifying the localisation of strategic industries critical to Oman’s energy sector.
Representatives from entities such as the Oman Investment Authority, Distribution Code Review Panel, Hydrom, Oman Electricity Transmission Company, Nama Group, and the Small and Medium Enterprises Development Authority (Riyada) contributed insights on topics spanning future energy demand, regulatory frameworks, accreditation standards, investment incentives, and long-term industrial prospects in Oman.
A panel discussion featured officials from the Authority for Public Services Regulation, Invest Oman, Madayn, Riyada, and Voltamp leadership. This session facilitated direct interaction between investors and manufacturers, offering clarification on procedures necessary for engaging in the localisation process and addressing industry concerns.
The initiative has effectively fostered alignment among regulators, investors, energy companies, and manufacturers, aiming to streamline regulatory processes and reduce barriers to implementation. By creating a more conducive environment for local manufacturers and SMEs, “Watanha” seeks to accelerate industrial growth within the energy sector.
Voltamp Energy noted that the wide-ranging participation reflects growing private-sector confidence in the initiative and heightened interest in expanding onshore manufacturing capacity in Oman’s energy industry. The “Watanha” programme aligns with Oman’s broader objective to establish itself as a competitive regional hub for advanced energy manufacturing, industrial innovation, and sustainable supply chains.