National Program for Private Sector and Foreign Trade Development (Nazdaher)
Program
Objectives
Private Sector Empowerment
Strengthen the private sector’s leadership in driving the national economy by empowering it to take key economic decisions, enhancing the performance of Omani enterprises, and expanding their global presence and competitiveness.
Foreign Trade Development
Enhance strategic international partnerships and improve the trade balance by maximizing the benefits of trade agreements and expanding the global footprint of Omani industries.
Development of Industries and Economic Clusters
Promote innovation and growth of emerging industries and economic clusters, in support of economic diversification and the creation of sustainable employment opportunities.
Program Streams
The program is structured around four streams:
Private Sector
This stream centers on initiatives aimed at advancing the Omani corporate landscape and elevating the global competitiveness of national products and services. It places strong emphasis on enabling the private sector’s transition toward a knowledge-driven and innovation-led economy.
Foreign Trade
This stream focuses on leveraging international trade and economic agreements to their fullest potential, while deepening strategic partnerships and reinforcing Oman’s economic position globally. It also encompasses the creation of a strategic partnership evaluation framework, the continuation of foreign trade development initiatives, and the formulation of a comprehensive program to strengthen Oman’s international negotiation capacities.
Investment Development Stream
This stream focuses on advancing the development of local value chains within key industries and economic clusters, alongside broader efforts to grow economic sectors. It also entails monitoring and supporting investment projects in coordination with Vision implementation offices across relevant entities.
Enabling Stream
This stream seeks to reinforce the private sector’s role in economic decision-making through a group of integrated initiatives. These include capacity-building efforts, targeted training programs to elevate local competencies, and preparing the private sector to engage effectively with privatization and government-driven opportunities. The stream also continues to drive initiatives aimed at enhancing Oman’s ranking in international economic indicators relevant to private sector performance.
