MUSCAT: An Omani delegation headed by Qais bin Mohammed al Yousef, Minister of Commerce, Industry and Investment Promotion, visited the Republic of Singapore during April 25-28 to explore the Singaporean experience in the economic field.
The delegation comprised representatives of the Ministry of Commerce, Industry and Investment Promotion, Oman Investment Authority, Ministry of Agriculture, Fisheries and Water Resources, Public Authority for Special Economic Zones and Free Zones, Ministry of Energy and Minerals, Asyad Group and National Programme for Investment and Export Development (Nazdaher).
Official statistics indicate that the total Omani imports from the Republic of Singapore amounted to RO 186.7 million in 2022, while the value of total Omani exports to the Republic of Singapore amounted to RO 794.5 million during the same period.
The delegation held several meetings with Singaporean officials to introduce the attractive investment environment provided by the Sultanate of Oman to businessmen and investors.
The meetings also reviewed the most important incentives, advantages and investment opportunities available in various sectors.
The delegation visited OQ’s commercial office to learn about its activities in the trading and marketing of oil, gas and petrochemical products in the Asian markets. - ONA
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