Muscat: A US delegation is visiting the Sultanate at the invitation from the Public Authority for Investment Promotion and Export Development (Ithraa), in cooperation with the Commercial Attaché Office in Washington.
The visit aims at advising investors about the investment opportunities and facilities in the Sultanate.
The delegation will visit several public and private organisations, as well as investment funds.
The delegation representing Capital Data Centers, INC of the US, expressed its desire to set up IT centre in the Sultanate to serve MENA region needs.
The delegation met with a number of communication companies.
Talib bin Saif al Makhmari, Director-General of Marketing and Media at Ithraa, said that the visit aims at highlighting the available investment opportunities in the prioritised sectors during the upcoming stage.
Since the Free Trade Agreement (FTA) between the Sultanate and USA came into force in 2009, 460 US companies have been registered in the Sultanate as of 2014. The value of US foreign direct investment in the Sultanate stood at RO 245.7 million in 2013.
The key US investments in the Sultanate include Occidental Oman, Octal, GlassPoint, Dover Energy and VFT Global. — ONA