Muscat :The Oman British Investment Forum has been held on Monday, October 17, 2022 to review investment opportunities in the field of renewable energy.
Oman News Agency (ONA) said :”The Oman British Investment Forum, organised by the Ministry of Commerce, Industry and Investment Promotion in cooperation with the UK Embassy in Muscat, reviewed investment opportunities in the Sultanate of Oman and promoted it as a global destination with promising potential for investment in a number of promising sectors such as renewable energy, green hydrogen and others.”
His Excellency Qais bin Mohammed Al Yousef, Minister of Commerce, Industry and Investment Promotion said :”This forum comes in light of the interest in the British market, as it is the largest investment partner of the Sultanate of Oman. This partnership has expanded in the past few years to include several sectors, most notably oil and gas, technology, infrastructure and education. The United Kingdom is at the forefront of foreign direct investment in the Sultanate of Oman.”
” The Ministry seeks to attract quality investments to the Sultanate of Oman through the economic stimulus plan and the National Programme for Investment and Export Development, which analyses the investment environment for local and foreign capital, the challenges it faces, and the appropriate mechanisms for improving them. In addition to the development of the “Invest in Oman Hall” to be the first point for any investor who comes to the Sultanate of Oman to introduce him to the investment environment, incentives, industrial, free and economic zones, ” the Minister added.
His Excellency Bill Murray, the United Kingdom’s Ambassador to the Sultanate of Oman, referred to the areas of cooperation in the investment and trade sectors between the two friendly countries, calling on investors from both countries to enhance investment in the fields of energy and take advantage of Omani ports and economic and Freezones in light of the advantages and incentives they offer to investors.
This forum came as a continuation of the role played by the Ministry of Commerce, Industry and Investment Promotion for the global promotion of the Sultanate of Oman, increasing its global market share of Omani non-oil exports and intensifying promotional efforts aimed at attracting investment, promoting exports and introducing the investment environment.
