Economy
Madayn’s Oman-India meet hopes to open new investment avenues
The Public Establishment for Industrial Estates – Madayn – is organising an Oman-India Investment Meet at Crowne Plaza Muscat on Sept. 29 and 30.
The event, which is part of Madayn’s vision to enhance Oman’s position as a leading regional centre of manufacturing, ICT, innovation and entrepreneurship excellence, will be held under the auspices of H E Yahya bin Said al Jabri, chairman of the Special Economic Zone Authority at Duqm and chairman of Ithraa, according to a press release.
A 35-member strong business delegation from India from across sectors, such as food, logistics, information technology, telecommunications and renewable energy, will be attending the meeting, which will also see representation from business and investment officials from Oman’s public and private sectors.
Apart from offering the ideal avenues to investment opportunities in the Sultanate and Madayn’s industrial cities, it will also offer Oman and India a great platform to explore joint partnerships that will contribute to Oman’s national economy and create more job opportunities for locals in the industrial sector.
https://www.businessliveme.com/economy/manufacturing/al-rusayl-industrial-city/
Earlier in July, Hilal bin Hamad Al Hasani, Chief Executive Officer of the Public Establishment for Industrial Estates – Madayn, said that total investments in Madayn’s various industrial cities increased by 3.63% in 2018 compared to the same period in 2017, while the cumulative value of investments touched around RO6.57 billion by the end of 2018, an increase of RO230 million compared to 2017.
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