Omani products expo attracts Iranian investors

Business Sunday 02/October/2016 12:42 PM
By: Times News Service
Omani products expo attracts Iranian investors

Muscat: Omani Products Exhibition (Opex), which concluded recently in the Iranian capital, offered a unique platform to highlight opportunities to boost business relations between the Sultanate and Iran.
The event has succeeded in attracting businessmen and investors from various parts of Iran who flocked to the platform to get familiarised with a variety of Omani products. The meetings between Omani businessmen and their Iranian counterparts were organised in line with the event and a number of agreements and memoranda of understanding were signed between the two sides.
The exhibition presented Omani firms from various industries including natural resources, minerals, wood products, manufacturing products, furniture, food, medical and pharmaceuticals, fertilisers, plastic and metal equipment, perfume, leather, and logistics; in addition to a number of government bodies, and small and medium enterprises.
Logistics
A number of companies specialised in the field of shipping and logistics took part at the event. Saad bait Nasib, assistant commercial manager for VAS and Liquid Products at Port of Salalah, said, “Prior to this event, the port had a series of meetings with Iranian firms involved in the field of port services where cooperation agreements were signed to facilitate shipping and trade growth between the two countries. Our participation at the event allowed us to brief Iranian companies on our port, its facilities and incentives.”
Al Madina Logistics Services also participated at Opex Iran where it displayed its services in the field of logistics, goods delivery and storage. Khalil Al Balushi, senior manager of business development at Al Madina Logistics stressed that there are promising opportunities for development of logistics activities and services between the Sultanate and Iran.
“Several Iranian companies showed their interest to cooperate with Omani firms in shipping and export of goods to and from the Sultanate through Omani and Iranian ports, besides to cooperate in activating re-export to Africa, Central Asia and Europe,” Al Balushi pointed out.
Sulaiman Al Sulti, director of public relations and media at Muna Noor Manufacturing and Trading, said, “It is the fifth participation of Muna Noor at Opex event following the ones held in Riyadh, Dubai, Jeddah and Addis Ababa. Opex in Iran has offered a great opportunity for us to explore the Iranian market. Taking into account the great Omani-Iranian relations, we aspire to see these relations having a significant impact on the economic side as well.”
Opex is organised by a committee comprising the Public Establishment for Industrial Estates (PEIE), Public Authority for Investment Promotion and Export Development (Ithraa), and Oman Chamber of Commerce and Industry (OCCI).
Opex in Iran aspired at enhancing business relations between the Sultanate and Iran, highlighting the high quality Omani products to the visitors, exploring the dynamic market of Iran, and getting acquainted with the manufacturing, investment and export opportunities in Iran and the neighbouring markets.