Saturday 13 April 2024

Saeed bin Ali Al Abri

Suhar Investment Forum showcases investment opportunities

MUSCAT, February 26, 2024

The Suhar Investment Forum (February 26) will explore the investment climate and environment in the North Batinah Governorate of Oman at the Radisson Blu Hotel, Sohar.

Organised by the Oman Chamber of Commerce and Industry (OCCI) branch in the region, it will see the participation of government officials, experts, businessmen, and investors from various sectors.

The forum will be attended by delegates from over 20 countries, and will showcase the latest developments in the investment landscape.

The OCCI branch in the North Batinah Governorate earlier disclosed the details of feasibility studies for 104 investment opportunities with a total capital value of approximately OMR 1 billion ($260 million).

These opportunities span eight main sectors including – industrial, logistics, circular economy, mining, food security, tourism, information technology, and healthcare – and are expected to create about 9,000 job opportunities.

Saeed bin Ali Al Abri, Chairman of the Oman Chamber of Commerce and Industry branch in North Batinah Governorate and Chairman of the Forum's Organizing Committee, said that the forum will feature keynote speeches, visual presentations, and four panel discussions on the themes ‘Suhar – A preferred Destination for Investment’, ‘Suhar – Incentives and Opportunities’, ‘Suhar – Growth and Investment Opportunities’, and ‘Suhar – Supporting the Goals of Oman Vision 2040’.

The Suhar Investment Forum aims at showcasing successful foreign investments in the governorate, highlighting the safe and business-friendly environment created through efforts to support various sectors.

The forum will bring together government officials from different entities and institutions responsible for investment sectors, providing an opportunity for investors to directly interact with them.

This interaction will facilitate bilateral meetings between investment delegations and representatives of the Omani business sector, fostering partnerships, alliances, and agreements.

Moreover, the forum will include the signing of several agreements and memorandum of understanding across various fields, indicating the commitment to furthering investment opportunities and collaborations.

In addition to the main forum, there will be an accompanying event that features government agencies, major institutions in the governorate, and small and medium enterprises.

This will provide a comprehensive platform for networking, knowledge sharing, and showcasing the diverse investment potential in the region. Participants will embark on a tour of Suhar's key locations, including Sohar Port and Freezone, Suhar Industrial City, and other significant sites.

“The forum has received an overwhelming response with a confirmed participation of over 20 countries and more than 600 delegates and participants having registered for the event,” Al Abri added.

The forum, which has lined up speakers from various key sectors, is supported by a number of prestigious institutions. – TradeArabia News Service




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