MUSCAT: The Oman-India Investment Forum, organized by the Oman Chamber of Commerce and Industry (OCCI) here on Saturday, discussed investment opportunities available in promising economic sectors of the two friendly countries.
Deliberations during the forum, which witnessed the presence of a number of investors and business owners from both sides, focused on prospects in the energy, mining, food security, manufacturing industries, transportation, logistics, tourism and digital economy sectors.
Faisal bin Abdullah al Rawas, Chairman of the Board of Directors of OCCI, said the aim of the forum was to boost economic ties commensurate with the strength of bilateral relations enjoyed by the two countries.
He welcomed the initiation of efforts by Oman and India to finalise a comprehensive economic partnership that recognizes the important role that the private sectors of the two countries in driving trade and economic cooperation.
Representatives at the forum reviewed opportunities in energy, infrastructure, technology, health care and tourism. They underlined the need for supporting a conducive environment for communication and building relationships between government officials, business leaders and investors.
Dr Abdullah bin Masoud al Harithi, a member of the Board of Directors of the Oman Chamber of Commerce and Industry, said the forum focused on exchanging knowledge and discussing trade policies, and what is related to customs tariffs, and measures to facilitate cross-border trade with the aim of creating a conducive environment for further communication and building relationships.
The forum witnessed the presentation of several working papers that dealt with “Oman Vision 2040”, introducing its objectives and the promising investment opportunities it provides in a number of sectors, the features and incentives of investment in the Sultanate of Oman. Opportunities in economic zones and free zones, as well as investment prospects in renewable energy, the digital economy, information technology, artificial intelligence, food security, manufacturing and tourism were also highlighted. — ONA
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