(MENAFN) Oman's Octal, the world's leading clear rigid food packaging material supplier, announced it has signed 20 contracts with local businesses and small and medium enterprises (SMEs), Times of Oman reported.
Octal said that the contracts were supplying for the supplying of various products and services including raw materials and process chemicals, lab supplies, logistics services, administration and training, as well as information technology and office provisions among others.
"Each year, Octal procures nearly OMR500 million worth of materials and services and the new agreements demonstrate the wide range of rewarding opportunities for SMEs in the Sultanate to thrive and grow into major players in the market," Director of Government Affairs at Octal said.
Octal, which is the number one exporter from the Port of Salalah, said that these contracts are part of the company's strategy to support the sultanate's economy and provide the local SMEs with a chance for growth within the industry.
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