Government agencies sign agreement to boost mining sector in Oman

Programme targets exchange of information in the field of promoting the mining sector in the Sultanate

  
Huge excavator in the evening. Excavator at a construction site against the setting sun. Huge excavator in the evening. Old excavator on a construction site.

Huge excavator in the evening. Excavator at a construction site against the setting sun. Huge excavator in the evening. Old excavator on a construction site.

Getty Images/ Avalon_Studio

Muscat: The Public Authority for Investment Promotion and Export Development (PAIPED) has recently signed a cooperation programme with the Public Authority for Mining.

The programme targets exchange of information in the field of promoting the mining sector in the Sultanate.

The programme was signed on behalf of the Public Authority for Investment Promotion and Export Development by its Chief Executive Officer, Azan bin Qasim Al Busaidi, and on behalf of the Public Authority for Mining (PAM) it was signed by Hilal bin Mohammed Al Busaidi, PAM Chief Executive Officer.

On the cooperation programme, Chief Executive Officer of the Public Authority for Investment Promotion and Export Development reaffirmed that PAIPED aim is to enhance the relations with the various economic sectors.

"Our cooperation with PAM is a significant step to this effect as the mining sector is one of the promising sectors," he added.

Hilal bin Mohammed Al Busaidi, Chief Executive Officer of the Public Authority for Mining said that the Public Authority for Mining (PAM) is concerned with development of mining sector and optimal use of minerals.

The information to be exchanged with the PAIPED within the programme would contribute to enhancement of promotion and marketing of the potential investment opportunities in the mining sector, he added.

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