Oman’s push for diversification of its economy will get a major boost with the Oman Economic and Free Zone Summit, which will kick off tomorrow at the Oman Convention and Exhibition Centre (OCEC).
The two-day event will focus on the implications of economic and free zones in economic diversification of the Sultanate and its role in encouraging and attracting domestic and foreign investors.
The opening session of the summit will be held under the patronage Dr. Yahya bin Mahfoudh al-Manthri, Chairman of the State Council.
The summit, which is organised by the Public Authority for Investment Promotion and Export Development – Ithraa – will discuss several topics; most importantly, the role of the economic, free and industrial zones in the Sultanate in promoting investment opportunities, their most prominent projects and introducing the competitive advantages in these areas.
The first day of the summit will discuss the strategic changes in regional trade and internal developments that make the Sultanate an ideal logistics hub for potential investors, while the second day will include field visits to the Special Economic Zone of Duqm, in addition to economic projects in Salalah.