Health Announces Investment Opportunities & Projects
Health Announces Investment Opportunities & Projects15/1/2023
The investment laboratory for the health sector, convened during December 04 – 29, 2022, came up with several projects and initiatives promoting investment in the health sector.
The Ministry of Health (MOH) announced today (Sunday) in the "Laboratory Outcomes Announcement Conference" at the Crown Plaza Hotel (19) investment projects, (11) opportunities, and (14) enabling initiatives.
The Ministry of Health organized the Announcement Conference with the support of the Oman Vision 2040 Implementation Follow-up Unit and in cooperation with Oman National Investment Program "Nazdaher."
H.E. Dr. Fatma bint Mohammed Al-Ajmi, MOH Undersecretary for Administrative, Financial & Planning Affairs, announced, during the announcement conference, the investment opportunities and projects as follows:
Medical industries pillar:
- (8) Investment projects
- (2) Enabling initiatives.
Health promotion pillar:
- (7) Investment projects
- (2) Investment opportunities
- (3) Enabling initiatives
Health services pillar:
- (2) Investment projects
- (8) Investment opportunities
- (5) Enabling initiatives
Public enablers pillar:
- (2) Investment projects
- (1) Investment opportunities
- (4) Enabling initiatives.
Furthermore, H.E. Dr. Fatma Al-Ajmi pointed out that the "medical industries pillar" came up with (8) projects, most notably the partnership project with the Oman Investment Authority to study the supply chain for medicines and equipment and the ways of providing them. Al-Ajmi indicated that developing the central drug analysis laboratory and pharmaceutical control is one of the most important enabling initiatives in the "medical industries pillar".
The "health services pillar" acquired two-investment projects to raise the efficiency of the health services, as well as (5) enabling initiatives to activate the national health institutions accreditation system, improving data system supporting health investment, providing incentives and facilities for health investment and empowering the drug, devices and medical requirements sector.
The MOH Undersecretary for Administrative, Financial & Planning Affairs pointed out that the "health services pillar" resulted in (8) investment opportunities to improve the quality and efficiency of health services, covering various specialties, especially in health services centers across the governorates.
The "health promotion pillar" resulted in (7) investment projects to promote public health for individuals and strengthen efforts to provide healthy patterns that preserve people's lives and health.
This pillar also included (3) enabling initiatives address the health regulations such as public health law, national health policy in the Sultanate of Oman, and health centers regulations.
The "public enablers pillar" came out with (2) investment projects covering health techniques and technological solutions. It also had (1) investment opportunities designated for learning, training and health innovation. The "public enablers pillar" included (4) enabling initiatives concerned with modern health techniques, medical coding and other public enablers.
In addition, the MOH Undersecretary for Administrative, Financial & Planning Affairs stressed that the lab outcomes included integrated investment opportunities in the four-pillar. The Ministry of Health and other partners and developers take charge of these opportunities to achieve the desired goals.
She affirmed that the Ministry of Health promotes these offered investment opportunities and prepares them to be handed over to the entrepreneurs, according to the mechanisms that will be announced soon.
At the announcement conference, the Ministry of Health signed an agreement with the Trading & Investment Company and Ithca group.
In this regard, Dr. Halima bint Qalam Al-Hinai, Health Sector Supervisor at Oman Vision 2040 Implementation Follow-up Unit, stated that developing the health sector has an important economic and social dimension and the ability to attract investors to improve the private health sector potential to support the government health services.
It is worth mentioning that the four-week investment lab aimed at promoting investments in the medical industries, improving the quality and efficiency of health services, promoting health and public enablers such as governance, empowering human resources, training and qualification to keep pace with Oman Vision Goals 2040.
about (235) participants from the leading institutions of the private sector, investors, and related sectors have participated in the panel discussions of the investment laboratory for the health sector.