OIA meeting calls for attracting foreign investment, diversification

Muscat: Sultan bin Salim Al Habsi, chairman of the board of Oman Investment Authority and Abdulsalam bin Mohammed Al Murshidi, head of Oman Investment Authority met on Monday with chairpersons of state-owned companies, boards of which have been restructured.
The meeting discussed the principles and rules followed by Oman Investment Authority (OIA) in management of the companies under its supervision and ways to achieve integrity among such companies.
During the meeting, Abdulsalam bin Mohammed Al Murshidi, head of OIA, presented a number of principles which regulate the relation between Oman Investment Authority and the companies under its supervision.
He also spoke on enhancement of the in-country value in contracts and purchases and cooperation with the private sector in terms of development.
The meeting also urged the companies to diversify their projects and to work on attracting foreign investments that boost the national economy.