MUSCAT: A promotional campaign under the title “An Invitation to Invest in Duqm” began in Iran’s capital Tehran on Monday.
This latest promotional campaign by Duqm Special Economic Zone Authority aims to boost awareness of the investment environment of Oman and to encourage Iranian companies to invest in the Duqm Special Economic Zone.
The campaign includes several meetings with Iranian investors and businessmen to promote investment opportunities in the Sultanate of Oman in general and the Duqm Special Economic Zone Authority in particular.
To kick start the promotional campaign before the Tehran Chamber of Commerce on Monday, Yahya bin Said bin Abdullah Al Jabri, chairman of the Special Economic Zone Authority at Duqm (Sezad), hailed the good standing relations between Oman and Iran.
He commended the joint efforts by Oman and Iran to increase trade exchange and encourage the investment drive, stressing that the Duqm Special Economic Zone Authority welcomes Iranian investments and is willing and able to provide all the supported needed for such investment enterprises.
In his address before the chamber of commerce, Jabri highlighted the efforts by the Sultanate of Oman under the wise leadership of His Majesty Sultan Qaboos Bin Said to build a strong and viable economy.
He said that during the past few years Oman succeeded in achieving remarkable growth that boosted its economic ranking in the region. Many infrastructure projects were completed, while others are under construction.
“The Sultanate is currently exerting persistent efforts to diversify sources of national income and encourage the creation of a strong and prosperous private sector, while focusing on creating an environment conducive to attracting different forms of investments,” Jabri said.
Oman has worked hard during recent years to develop the legislative framework to regulate foreign investments in the Sultanate which will help companies to achieve better returns on their investments.