Hotpack and Sea Pride sign MoU for integrated packaging complex in Oman

 

 

Image Credits: Oman News Agency

According to Oman News Agency, Hotpack and Sea Pride Group have signed a memorandum of understanding (MoU) to establish an integrated packaging manufacturing complex in Barka, Oman. The agreement was announced during the Inspire Oman Investors Summit 2026, held on 14 October in Muscat, bringing together investors, industry representatives and government officials.

 

 

The proposed complex is intended to accommodate multiple packaging manufacturing activities within a single facility. The companies described the development as a first-of-its-kind project, bringing together several packaging solutions at one location.

 

 

Hotpack was represented at the signing by Zainudeen PB, Co-Founder, Group Chief Operating Officer and Executive Director. Sea Pride Group was represented by Mohammed Ameen Sait, Chief Executive Officer, and Basim Shajahan, Director of Pride Packaging. The MoU was among several industrial investment announcements made during the summit, which highlighted projects across manufacturing, pharmaceuticals, engineering and environmental services.

 

 

Other developments announced included an oil-waste management and treatment facility by Premium Global Group in Duqm, an engineering and manufacturing project by E.M. Badhrudeen and Partners, and a pharmaceutical manufacturing complex proposed by AVENZO Pharma in Khazaen Economic City.

 

 

The summit, organised in strategic partnership with the Oman Chamber of Commerce and Industry, focused on investment opportunities, industrial partnerships and economic diversification under Oman Vision 2040. Discussions also covered international investment cooperation, including opportunities arising from commercial relations between Oman and India.

 

 

The Hotpack–Sea Pride agreement marks the formal announcement of the proposed packaging manufacturing development. Further information on the facility’s production technologies, manufacturing capacity, project implementation schedule and anticipated commissioning date has not been confirmed in the reports reviewed.

 

 

The companies have not announced a firm date for the commencement of commercial production at the proposed complex.