Bilateral Ties
Oman-India Explore Investment Partnerships
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Yahya bin Said Al Jabri, Chairman of the Special Economic Zone Authority at Duqm
he Public Establishment for Industrial Estates – Madayn recently organised the OmanIndia Investment Meet at Crowne Plaza Muscat aiming to explore partnerships between Omani and Indian companies and factories.
Speaking at the event, Hilal bin Hamad Al Hasani, chief executive officer of Madayn, said: “This gathering represents an ideal platform to get acquainted with the incentives offered by the Sultanate in general and Madayn in particular to potential investors.”
The meeting was organised under the auspices of Yahya bin Said Al Jabri, chairman of the Special Economic Zone Authority at Duqm and chairman of Ithraa.
“The Sultanate of Oman and India enjoy long-term official, friendly, historical, cultural and economic relations. The industrial scene in Oman is seeing a dynamic investment activity from the Indian investors.
The event was attended by a high profile business delegation from India comprising 35 businessmen representing sectors including food, logistics, information technology, telecommunications and renewable energy, in addition to a number of business and investment officials representing various public and private bodies in the Sultanate.
“In fact, the Indian investors are among the top three nationalities investing in Madayn’s various industrial cities across Oman. With the aim of boosting Oman-Indian investment ties, Madayn has set up a representative office in India to promote Oman and Madayn as an attractive destination for investments,” he added.
Indian firms invited to invest in Oman’s industrial cities
Oman in Focus 34
