The Public Authority for Investment Promotion and Export Development “Ithraa” on Monday will receive the investment delegations from USA and China on a several –day visit to the Sultanate to explore investment environment and learn about procedures of investment and incentives offered by the government to investors.
‘Ithraa’ has prepared a program that includes a visit to the free zones in Sohar and Salalah and the special economic zone in Duqm. The delegations would like to set up a factory for household items with 100 percent foreign investment.
‘Ithraa’ received last week an investment delegation from the People’s Republic of China led by Quan Zhezhu, Vice-Chairman of All-China Federation of Industry and Commerce who were briefed on the services provided by ‘Ithraa’ in the areas of promotion to attract investment and development of Omani non-oil exports.