Iranian business delegation in Oman to explore investment opportunities

Muscat: An Iranian business delegation visited the headquarters of the Public Establishment for Industrial Estates (PEIE) at the Knowledge Oasis Muscat on Tuesday.
The delegation, which represents commercial, industrial and tourism sectors, was acquainted with the existing investment opportunities in the various industrial estates which fall under the umbrella of PEIE in the different governorates of the Sultanate, and the value adding services offered by PEIE for the investors.
Eng. Musallam bin Mohammed Al Shehri, Assistant Chief Executive Officer of PEIE for Operations welcomed the delegation. Al Shehri briefed the Iranian delegation on the vision of PEIE, which is to enhance the Sultanate’s position as a leading regional centre of manufacturing, ICT, innovation and entrepreneurship excellence, and its mission in attracting industrial investments and providing continued support, through regionally and globally competitive strategies, good infrastructure, value adding services, and easy governmental processes.
The delegates were also acquainted with the objectives of PEIE, which comprise attracting foreign investments to the Sultanate and localising the national capital, contributing to stimulate the private sector to achieve sustainable economic and social development, strengthening relations with the concerned authorities to ensure the flow of investment process and overcome any obstacles faced by investors, reinforcing cooperation with related international and regional organisations to boost the exchange of experience, knowledge and techniques used, developing employees’ skills and performance through a set of training programmes, contributing to create new job opportunities, encouraging exports and the establishment of export industries, increasing the market share of locally manufactured products, stimulating the economic sectors in the Sultanate including transport, tourism, banking, among others.
PEIE officials mentioned that PEIE offers a variety of value adding initiatives for business owners and investors in the industrial estates, which comprise the National Business Centre, Industrial Innovation Centre, Human Resources Development Centre, the national campaign of promoting Omani products (Origin Oman), and Communication and Investor Service Centre.