COMMERCIAL NEWS
Oman team to visit India seeking investment
Mar 5, 2017 5:11 PM
Ithraa Oman s inward investment and export promotion agency will lead a contingent of five high-profile organisations from the sultanate to India in an effort to connect with Indian investors looking for...
Ithraa, Oman’s inward investment and export promotion agency, will lead a contingent of five high-profile organisations from the sultanate to India, in an effort to connect with Indian investors looking for commercial opportunities in the sultanate.
The organisations include the Special Economic Zone Authority in Duqm (Sezad); ASSAS; Khimji Ramdas; Port of Duqm; and Oman Logistics Company (Khazaen).
The delegation aims to raise awareness of investment opportunities in Oman, the support available for Indian companies considering the sultanate, and provide an opportunity for business leaders from both nations to make important connections.
Organised in partnership with the Confederation of Indian Industry, the visit begins on March 6 in New Delhi where the delegation will hold B2B meetings with Indian companies in the manufacturing, tourism, mining and petrochemicals sectors. The Omani business delegation will also visit investors in Pune and Ahmedabad.
Alya Al Hosni, Ithraa’s director of industrial investment, explained: “The calibre of Indian small to medium-sized enterprises has improved significantly over the past 10 years and many are looking to enter the GCC markets using Oman as their gateway. We’re particularly focused on attracting firms working in manufacturing, mining, petrochemicals and tourism.
“Significant opportunities exist for Indian companies to set up and grow in Oman. Indeed, this is the message we’ll be delivering loud and clear this week,” said Al Hosni. – TradeArabia News Service
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