23 August 2004
MUSCAT -- Salim bin Said Al Ghatami, president of the Oman Chamber of Commerce and Industry, met yesterday a Gulf investment delegation comprising Dr Fuad Al Omer, chairman of the board of directors of Kuwaiti Finance House; Yassin Al Unaizi from Saudi Arabia; Ayman Abdul Hameed Zaini, chairman of the board of directors of Batinah Development and Investment Company, in the presence of Abdul Wahab Al Mantheri, executive president of Batinah Development and Investment Company.

During the meeting, the talks focused on the importance of boosting the efforts being put by the public and private sectors in the AGCC countries, by finding a real investment partnership between the companies and establishments of the Gulf private sectors on one side and the Gulf businessmen on the other side.

The OCCI president called to intensify cooperation in the field of investment in the Sultanate, particularly in information technology, tourism, development of small and medium projects, agriculture and fisheries and many other aspects that provide distinguished investment opportunities.

He explained to the delegation members the incentives and facilities provided by the Sultanate to the investors, particularly from the AGCC countries. These involve financing, feasibility studies, major services, export and customs services besides the security and stability atmosphere which the Sultanate enjoys.

From their sides, the delegation members expressed their interest to boost the economic and investment cooperation with Omani establishments, companies and businessmen by entering in joint investments making use of the various facilities and incentives given by the Sultanate to investors. -- ONA

© Times of Oman 2004