Paris to host Invest in Oman Roadshow

Business Tuesday 03/May/2016 21:49 PM
By: Times News Service
Paris to host Invest in Oman Roadshow

Muscat: Building on the existing strong trade and investment ties, a top-flight delegation led by the Public Authority for Investment Promotion and Export Development (Ithraa), Oman’s inward investment and export development agency, will head for Paris next week to conduct a three-day event called Invest in Oman Roadshow.
The senior delegation will comprise some of Oman’s largest and most influential business organisations, including: the Special Economic Zone Authority at Duqm (SEZAD); Oman Air; Oman Aquaculture Development Company; and Oman Rail.
Commenting on the trade visit, His Highness Sayyid Faisal bin Turki Al Said, Ithraa Director General of Investment Promotion said: “In addition to strengthening existing Oman-Franco trade and investment ties, we have identified strong prospects in tourism, logistics, food and beverage manufacturing and fisheries that we intend to home in on”.
Wealth of opportunities
“We are delighted to be working in partnership with so many important trade and investment stakeholders. Combined, we are in a marvellous position to boost awareness of Oman’s business offer in France and highlight the wealth of opportunities on offer in key sectors in the Sultanate,” Sayyid Faisal added.
Today, Oman is a major economy within the GCC region with a great talent pool and more affordable than many other countries in the region.
It is the perfect location for French companies looking to penetrate the growing markets of the Gulf, Asia and Africa. Indeed, recent developments, such as Muscat International Airport, Duqm Port, Oman Rail, Al Mouj Muscat, Oman Convention & Exhibition Centre and Madinat Al Irfan all have significant international appeal.
The Ithraa Director General concluded: “We have found on recent trade missions that European investors are intrigued by the business story the Sultanate of Oman has to tell. We have the stability, infrastructure, opportunities, talent and logistics connections French businesses are looking for. We are most definitely in an interesting and strong position”.