Sohar Port participates in China investment summit

Business Tuesday 18/September/2018 15:37 PM
By: Times News Service
Sohar Port participates in China investment summit

Muscat: Sohar Port and Freezone recently took part in the China Outbound Investment Summit, held in Shanghai, China on on September 12 and 13. The summit was attended by over 300 senior executives from China’s leading private and state-owned enterprises and aimed to strengthen ties with global governments, economic development organisations and foreign free zone authorities.
Commenting on the participation, Mark Geilenkirchen, CEO of Sohar Port and Freezone said, “The Outbound Investment Summit is an ideal platform to promote Sohar Port and Freezone to China’s private and state owned enterprises and investment groups. Companies in China have an appetite to expand their operations globally, so this summit was a great opportunity to share the growth possibilities that global enterprises can consider at Sohar Port.”
“Forty years ago, relations between the Sultanate of Oman and China were formally established, and have developed steadily ever since to achieve growth and prosperity between the two friendly countries in the fields of economic, social and cultural cooperation. Sharing our knowledge and expertise with other attendees at this event, as well as receiving updates on their various prospects and innovations, has paved a way for future business development and closer relations,” he added.
The Outbound Investment Summit seeks to boost foreign investment and create further opportunities for working with globally renowned enterprises.
In attendance at the summit were senior Chinese officials from various fields, including special economic and free trade zones, investment and trade promotion agencies, industry-specific parks and clusters, multinational corporations, ports, airports and logistics operators, regional development authorities and agencies, trade facilitation and development bodies, agencies and NGO’s, and commercial real estate services and site selection consultants.