OCCI establishes Foreign Investors Committee

Muscat: The Oman Chamber of Commerce and Industry (OCCI) has established a Foreign Investors Committee under the Chairmanship of Abdullatif Muhyiddin Khawanji OCCI board member.

Other members nominated to the committee for the period 2023 to 2026 are Davis Kallukaran, Ahmed Rayees, Dr Thomas Alexander, Sheikh Julanda Al Hashmi, Ahmed Subhani, Naji Salim Al Harthy, Alwyn and Giovani Piazzolla. Sharouq Hamed Al Farsi is the coordinator for the committee.

The committee formally met under the Chairmanship of Abdul Latheef at the Chamber, in the presence of the legal advisor Ali Al Khasbi. Shurooq Hamed Al Farsi made the presentation on the sectorial committee’s structure, mandates, mechanism of functioning and the articles of association of the committee.

Davis Kallukaran was unanimously nominated to be the Vice Chairman of the committee. Davis is also one of the founders directors of Indo Gulf Middle East Chamber of Commerce (INMECC) incorporated in India and having chapters across the states of India and the Middle Eastern countries including Oman.

The committee has been established with the following mandates:
Identifying obstacles and issues facing the private sector and trying to find solutions
Preparing statistical reports to follow up on the recommendations
Holding meetings with state officials and directly discussing the concerns and aspirations of the private sector.
Conformity with the proposed targets and Oman Vision 2040
Study and review developments related to economic affairs
Participation in seminars, conferences and workshops
Working according to plans and programs that are consistent with the strategic objectives of the Chamber
Submitting recommendations to the concerned authorities supported by the necessary information and statistics
Highlighting the role of the sector in the media and introducing it and its importance
Integration between sectoral committees in the main centre and branches in the governorates.

Apart from the above, the committee will be engaged in Managing internal and external delegations, holding specialised workshops, holding joint meetings with chamber branches, Representing OCCI in meetings outside, Representing the Chamber in conferences and events, holding conferences and seminars, Participation in meetings held in OCCI, hosting officials, Establishing emergency work teams and Conduct studies in coordination with the Chamber.

A detailed report on the activity of the committee will be submitted quarterly, semi-annually and annually to the office of the Chairman of the Chamber.