Muscat’s Special Economic Zone at Duqm (Sezad) has launched a training programme in collaboration with a renowned Irish consultancy to attract and develop strategic Foreign Direct Investment (FDI). The programme, led by the Institutional Transformation Team at Opaz, focuses on enhancing the ability of employees to attract investors to the Special Economic Zone at Duqm and provide post-investment care. Through this training, the aim is to emphasize the importance of FDI in economic growth, job creation, and GDP increase, as well as proactive strategies in attracting investment.
The training covers various key aspects such as developing value propositions for investors, strategies to target investors, and managing current foreign investors to ensure business expansion and growth. Special emphasis is placed on providing competitive services to investors while meeting their expectations and supporting the sustainability of their projects. The programme also includes showcasing global FDI project statistics and best practices in attracting foreign investors, as well as providing post-service care to further enhance investor satisfaction.
This initiative is part of the Institutional Transformation Program conducted by the Public Authority for Special Economic Zones and Free Zones to enhance its role in attracting both local and global investments. In the past, the Institutional Transformation Team has conducted similar training programmes to boost employees’ abilities in attracting investments. The goal is to empower employees with the necessary skills and knowledge to attract more local and global investments to the Special Economic Zone at Duqm.
By focusing on attracting and developing strategic FDI, the training programme aims to cultivate a conducive environment for investors in the Special Economic Zone at Duqm. This includes not only attracting new investors but also providing ongoing support and care for existing investors to ensure their satisfaction and project sustainability. Through the implementation of proactive strategies and the adoption of best practices, the programme seeks to maximize growth opportunities and enhance the zone’s attractiveness to potential investors.
The programme’s emphasis on providing competitive and distinguished services to investors highlights the commitment to ensuring investor satisfaction and meeting their needs effectively. By presenting statistics and indicators related to global FDI projects, participants gain valuable insights into industry trends and best practices in attracting and localizing foreign investments. This approach to knowledge sharing and capacity building is essential for the Authority to fully realize its potential in attracting investments and fostering economic growth in the Special Economic Zone at Duqm.
In conclusion, the training programme launched by Sezad in partnership with an Irish consultancy marks a significant step towards enhancing the Zone’s attractiveness to foreign investors. Through a focus on strategic FDI, proactive strategies, and best practices, the programme aims to not only attract new investments but also support existing investors for sustainable growth. By empowering employees with the necessary skills and knowledge, the Institutional Transformation Program paves the way for increased local and global investments in the Special Economic Zone at Duqm, ultimately contributing to economic development and job creation in the region.