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Gulf Press > Uncategorized > Oman Investment Exhibition Attracts Projects Worth OMR 1.2 Billion
Uncategorized

Oman Investment Exhibition Attracts Projects Worth OMR 1.2 Billion

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Last updated: 2024/10/13 at 4:15 PM
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Invest in Oman Hall, launched in January 2023, has successfully localised 29 investment projects valued at OMR 1.2 billion. This initiative, under the Ministry of Commerce, Industry, and Investment Promotion, aims to attract investors to Oman in line with the country’s Vision 2040 objectives. The hall provides incentives and services in various sectors like renewable energy, technology, tourism, and food security, offering critical information, infrastructure, and dedicated teams to assist global companies. Hafsa Al Rashdi, Director of Investor Relations, highlighted the hall’s role in attracting major investments, including a polysilicon factory in Sohar Free Zone and investments in Sultan Haitham City.

The hall’s National Negotiation Team, led by Rabab Al Lawati, ensures efficiency in streamlining processes for investors. Each investor is assigned a “Relationship Manager” to guide them through their investment journey and provide ongoing support. Invest in Oman Hall’s strategic mission is to position Oman as a leading global investment destination, focusing on sectors like renewable energy, artificial intelligence, and sustainable tourism. The hall aims to continue enhancing its services and showcasing Oman’s competitive advantages on the international stage to contribute to the country’s economic transformation under Vision 2040.

Invest in Oman Hall plays a vital role in boosting foreign direct investment in key strategic sectors in Oman. Operating under the Ministry of Commerce, Industry, and Investment Promotion, the hall provides a central hub for capital owners, companies, and development institutions. It offers a range of incentives and services to attract investors, including access to critical information and infrastructure in sectors like renewable energy, technology, tourism, and food security. The hall features a map of investment opportunities supported by feasibility studies and dedicated teams to assist global companies in securing appropriate incentives.

Hafsa Al Rashdi, Director of Investor Relations at Invest in Oman Hall, emphasizes the importance of the hall in attracting major investments, particularly in industrial and renewable energy sectors. Notable projects facilitated by the hall include a polysilicon factory in Sohar Free Zone valued at over OMR 520 million and investments in Sultan Haitham City amounting to OMR 439 million. The hall has been successful in attracting significant investments and providing support to investors in Oman.

Rabab Al Lawati, Director of the National Negotiation Team at Invest in Oman Hall, ensures efficiency in the investment process for investors. The hall assigns a “Relationship Manager” to each investor to guide them through their investment journey and provide ongoing support. Invest in Oman Hall aims to streamline processes for investors and position Oman as a leading global investment destination, with a focus on renewable energy, artificial intelligence, and sustainable tourism. The hall continues to enhance its services to showcase Oman’s competitive advantages and contribute to the country’s economic transformation under Vision 2040.

Invest in Oman Hall has become a central hub for attracting investments to Oman in line with the country’s Vision 2040 objectives. The hall, under the Ministry of Commerce, Industry, and Investment Promotion, offers a wide range of incentives and services to investors, providing critical information, infrastructure, and dedicated teams to assist global companies. Hafsa Al Rashdi, Director of Investor Relations, highlights the hall’s success in attracting major investments in industrial and renewable energy sectors, including a polysilicon factory in Sohar Free Zone and investments in Sultan Haitham City. The hall’s National Negotiation Team, led by Rabab Al Lawati, ensures efficiency in streamlining processes for investors, assigning a “Relationship Manager” to guide them through their investment journey. Invest in Oman Hall aims to position Oman as a leading global investment destination, focusing on sectors like renewable energy, artificial intelligence, and sustainable tourism, and continue enhancing its services to contribute to the country’s economic transformation under Vision 2040.

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News Room October 13, 2024
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