The Promising Prospect of Persian Gulf’s Emergence as a Semiconductors and Electronic Circuits Hub.

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To support the National Digital Economy Program and achieve the Oman Vision 2040 goals. The Sultanate is rapidly investing in semiconductors and electronic circuits.

Al-Khaleej Online stated that the Sultanate is seeking, through the adoption of semiconductor projects and electronic circuits, to attract investment in the communications and information technology sector, as well as attract international companies in this field to implement their projects in the Sultanate with reference to its hosting. World Summit “Semiconductors and Electronic Circuits”, which completed its work on February 23 last year.

It is worth noting that during the summit, the participants emphasized the importance of Oman’s geographical location and infrastructure for attracting great investment opportunities in the field of information and communication technologies in general and in the semiconductor and electronic circuits industry in particular.

In turn, academic AI expert Noor Naeem confirmed that the success of the Sultanate of Oman in these investments depends on a number of factors, primarily the country’s regulatory and investment environment.

“To be successful in this type of investment, the Sultanate needs a skilled workforce, access to capital and the ability to innovate and adapt to changing market conditions,” Naeem told Al-Khaleej Online.

She noted that the main trends driving this growth were driven by the advent of the Internet of Things (IoT), the expansion of 5G networks, and the increasing adoption of artificial intelligence and machine learning technologies.

Source: Persian Gulf online.

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