Oman National Engineering & Investment Company (ONEIC) has signed an agreement with Omania E-Commerce LLC (OEC) to move its procurement processes online via “Tejari Transact”. This is a set of commercial solutions processed through the Internet, which guarantees flexibility and transparency as well as reduced purchasing costs. Moreover, it gives the buyer access to a wider market reach via large number of suppliers through out the region.

The agreement was signed by ONEIC’s Managing Director, Eng. Mohammed Amin bin Mustafa Al Saleh, and Sheikh Mohammed Bin Suleiman Al-Harthy, the Managing Director of OEC.

On this occasion, Eng. Mohammed Amin said: “The Company’s intention is to introduce information systems technology to all of its operations to reduce the daily circulation of papers which will contribute in reducing time, effort and operations expenses”. He added “This agreement will allow the Company to utilize Tejari’s website to float our auctions online and consequently get the largest numbers of bids from their wide range of suppliers, which will ensure access to the best prices in less time and with the least possible effort”.

On his part, Sheikh Mohammed Al-Harthy said: “It gives me great pleasure to sign this strategic partnership with ONEIC, which is one of the most important national companies operating in the field of energy, water desalination, billing, and the implementation of various projects. No doubt, this partnership will add much value to Tejari’s wide client base and specifically for the base of partners in the Sultanate as a result of ONEIC’s diversity of work and the proliferation of their projects. We are confident that the benefits from using the (Tejari) system will help in simplifying the procurement process for (ONEIC)”.

It is worth mentioning that “Tejari” which was set up in the year 2000 has an established presence in 13 countries in the Middle East and Pakistan and China, and is rapidly growing with over 100,000 members. Tejari services provide several advantages to its users. They include reducing transaction costs, increasing clients' base and cutting the costs of purchases with the present partners as well as increasing the Internet exporters' base. They also save staff time and effort and guarantee more transparency and control over purchasing processes.

Oman National Engineering and Investment Company was established in1978 under the name of “The Omani National Electricity Company”. In accordance to His Majesty’s directions, it is necessary that youth are involved in the development and modernized sectors, and to establish the infrastructure for the power and water sectors, and deal with sewage treatment. The Company’s areas of operations include construction, operations and maintenance of power plants and water desalination, oil and gas, billing, technical information, training, wastewater treatment, electro-mechanical projects, setup high, medium and low-pressure lines, installation of reverse osmosis systems, drilling of wells, import and export, and trade agencies. The company is obligated to the Omanisation policy and rehabilitation of young Omanis. The percentage of Omanis employed by the company is over 53% in various categories including leadership, management, and operational expertise.

Omania E-Commerce (OEC) is a 100% Omani company and was established in 2005 with a vision to become the leading e-solutions provider in Oman, as well as an active and major contributor to Oman’s drive towards a digital society. Its mission is to provide clients with quality value added solutions that maximize the client’s efficiencies, benefits and competitive edge.

OEC has established strategic partnerships with various leading e-solutions providers from the region and internationally. It has partnered with Tejari - the Middle East Online Marketplace to serve the Omani market with Tejari solutions with a goal to change the routine traditional procurement & purchasing processes to a more efficient and advanced automated online process, which in turn will help in energizing the business environment in the Sultanate.