Opaz delegation visits India
Muscat: The Public Authority for Special Economic Zones and Free Zones organised a visit to the Republic of India with the aim of enhancing economic cooperation between the Sultanate of Oman and the Republic of India in the field of economic, free and industrial zones, and discussing opportunities for attracting investments and exchanging expertise and experiences between the two friendly countries.
The delegation of the Authority, headed by His Excellency Eng. Ahmed bin Hassan Al-Dheeb, Vice Chairman of the Public Authority for Special Economic Zones and Free Zones, visited a number of Indian industrial and economic companies and institutions, such as the projects of the Jindal Iron and Steel Group in the Indian region of Angul. They learned about the operational processes in the iron factory, visited the O.P. Jindal International University, and learned about the academic programs, research centers, educational museum, and service and academic facilities.
Coinciding with the celebration of the 70th anniversary of the establishment of diplomatic relations between the two friendly countries by the Embassy of the Sultanate of Oman in the Republic of India, the Embassy of the Sultanate of Oman, in cooperation with the Public Authority for Special Economic Zones and Free Zones, organised a business forum with the attendance of more than 80 Indian companies operating in various fields such as pharmaceuticals, food, medical products and the energy sector.
The Authority's delegation presented a working paper that reviewed investment opportunities in the areas supervised by the Authority, the incentives provided to investors and the most prominent targeted sectors in the areas. The Omani House of Law Office also presented an introductory working paper on the legislation and regulations in force in the Sultanate of Oman.
His Excellency Eng. Ahmed bin Hassan Al-Dheeb, Vice Chairman of the Authority, stressed the importance of bilateral relations between the two countries, as the Republic of India is one of the most prominent investment partners of the Sultanate of Oman.
His Excellency also stressed the role of special economic zones, free zones and industrial cities in attracting investments and enhancing economic cooperation between the two countries, and the importance of exploring investment opportunities in the Sultanate of Oman.
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