PEIE concludes promotional campaign in India

Muscat: The Public Establishment for Industrial Estates (PEIE) concluded its extensive promotional campaign in India on Sunday as a delegation from PEIE visited India headed by Hilal bin Hamad Al Hasani, Chief Executive Officer of PEIE. A seminar was held in Chennai entitled ‘Investment in Industrial Estates in the Sultanate’, which was organised in cooperation with South India Chamber of Commerce and Industry (SICCI).
The vision and mission of PEIE, and the available investment opportunities in various sectors were underscored at the seminar in the presence of significant businessmen and investors who are interested to invest in Oman. A film was screened at the event highlighting PEIE as a part of an integrated investment system in Oman that aim at diversifying economic models that are compatible with the business requirements of the local and foreign investors.
The film elaborated the institutional objectives enjoyed by PEIE, through exploring the capabilities and contribution of the employees, enabling them to act in line with their educational qualifications and professional skills, helping companies achieve success and competitiveness in global markets, and marking the Sultanate as a dynamic commercial destination owing to its natural, cultural and human resources.
The film also stressed the importance of creating job opportunities for the nationals, developing industrial estates, providing equipped high-tech spaces that meet the business requirements, in addition to preserving an attractive investment climate.
Also, the officials noted that PEIE offers a lineup of value adding initiatives for business owners and investors in the industrial estates. These initiatives comprise a company that specialises in industrial innovation, a department that focuses on human resources development, the national campaign of promoting Omani products – Origin Oman, and Communication and Investor Service Centre. A brief on the investment arm of PEIE, Shumookh Investment and Services, was also delivered. Shumookh endeavours to develop infrastructure projects and encourage investment in the industrial estates under PEIE. The vision of Shumookh is to develop globally competitive industrial infrastructure in the industrial estates of PEIE and create the best environment for the growth of industries in Oman through the attraction of strategic partnerships to invest and implementation of diverse infrastructure development projects in the industrial estates of PEIE.
PEIE delegates attended several meetings during their visit to Chennai, which included a meeting with the chairman of Archean Group to explore investments into Oman in mining as well as chemicals projects, and a meeting with members of United Economic Forum - Chamber of Commerce. The delegation also visited Mahindra World City, which is recognised as India’s first special economic zone and first integrated business city in public private partnership.