Multinationals as well as start-ups have been attracted to KOM, not only by its excellent geographic location, facilities, support services and tranquil and secure setting but also by the benefit of close links with the academia.
Located close to the Sultan Qaboos University, KOM is also home to two leading private colleges - Middle East College of Information Technology and the Waljat Colleges of Applied Sciences. Combined, these two institutions have over 5,000 students doing undergraduate and graduate studies in ICT, Engineering and Management.
In brief, KOM is part of a virtuous cycle in which new knowledge is unfolded and applied in real business. Its seven key objectives are:
- Help create, promote and develop Oman as a robust, diverse, prosperous and self-sustaining knowledge-driven economy.
- Attract not only major blue chip companies looking to expand or relocate their call centre or research and development activities but also knowledge and technology-driven SMEs and start-ups.
- Offer premises on flexible terms considering the high risks and uncertainties of small embryonic companies by giving them the chance to expand rapidly without burdening them with long leases.
- Provide world-class facilities and support services for knowledge and technology-driven businesses of all sizes which are developing or trading in innovative products and services.
- Develop an incubator environment where start-up businesses can be nurtured.
- Stimulate an increased rate of interaction between the academia and knowledge and technology-driven businesses - to the benefit of both.
- Act as a network and gateway ensuring that information is channelled from a wide variety of national and international sources to KOM-based companies.