MUSCAT -- A group of 70 German investors are visiting the Sultanate tomorrow to hold a high-level meeting to explore German investment in various sectors. The focus of the investment, however, is renewable energy sector. The investment operations are guided by Middle East Best Select Fund, while the high-level meeting is led by Terra Nex Financial Engineering AG Switzerland (Terra Nex), a Swiss licensed and global wealth management company.
Specially invited by Terra Nex, a company that specialises in identifying and developing investment opportunities in the Middle East, the investors are seeking exclusive investment opportunities in Oman's bourgeoning renewable energy sector. Terra Nex has identified the Sultanate as a stable and attractive investment environment, and considers the renewable energy sector as one of the most promising growing sectors in the decade to come. Banking on|this growth potential, Terra.
Nex has launched a specially designed renewable energy fund for its German investors, in co-operation with Middle East Best Select, to access Oman's renewable energy sector. The German investors' group will have the unique opportunity to gain first-hand information about the economic developments and investment opportunities in the countries they visit.
Shaikh Hilal bin Khalid bin Nasser al Maawali, local partner to Terra Nex and Middle East Best Select, welcomed the opportunity to receive such a high-profile group of investors to Oman and thanked them for their interest in investing in Oman's progress. "This is an incredible opportunity for the Sultanate to showcase its strong industrial base and the world-class investment opportunities it offers to the global investment community. This particular group of investors is gaining first-hand experience and getting to know more of the region and Oman.
They are already invested in several GCC countries in various sectors and they are very interested to further invest in the Middle East, Oman in particular," he said. David Heimhofer, Chairman of Terra Nex Group and Managing Director of Middle East Best Select Group of Funds commented, "There is a significant potential for growth in the renewable energy sector in the Middle East region. We are delighted to introduce the Middle East region and its attractive investment opportunities to our group of German investors."
"We also take this opportunity to announce our commitment to the Sultanate of Oman to develop and finance on turn-key basis sustainable projects in the renewable energy sector. Further strengthening German-Omani ties, Germans are keen to invest in the Sultanate's development especially in the Green Economy and PPP projects and have complete confidence in Oman's attractive investment opportunities," said Heimhofer.
© Oman Daily Observer 2012
