PDO organises workshop on investment opportunities

MUSCAT: Petroleum Development Oman (PDO), in association with the Centre of Studies and Economic Research, organised a workshop for SLCCs (Super Local Community Contractors) on Sunday focusing on the most promising investment opportunities in the various sectors of economic diversification in Oman.

The workshop was held at the Grand Millennium Hotel, Muscat, under the patronage of Dr Mohammed bin Hamad Al Rumhy, Minister of Oil and Gas, and was attended by nearly 100 people.

Ahmed bin Said Kashob (Centre of Studies and Economic Research) welcomed the gathering, and Raoul Restucci, the MD of Petroleum Development Oman, delivered the opening speech. Mr Restucci noted that since 2012, PDO has awarded contracts worth more than RO 320 million to various SLCCs, and has done significantly to develop the local communities in the concession areas.

The workshop aimed at promoting economic diversity highlighting lucrative investment opportunities in various sectors including tourism, manufacturing, renewable energy, logistics, mining and PDO industrial areas. SLCCs held an exhibition and also presented their experiences in oil concession areas, as part of the workshop. The governmental efforts aimed at reaching the maximum benefits to local communities in the oil concession areas was also highlighted at the workshop.

The President of the Omani Economic Society, Dr Said bin Mohammed al Saqri, spoke about “The Reality of the Omani Economy”, while Ghalib bin Said al Mamari (from Tanfeedh) elaborated on the activities of the Implementation and Follow up unit at Tanfeedh.

Shaikh Hilal bin Ghalib al Hinai, the adviser to the Minister of Tourism, outlined the investment opportunities available in the tourism sector, while Eng Nahla bint Abd al-Wahab al Hamidiya, the DirectorGeneral of Industry at the Ministry of Commerce and Industry, spoke about the investment opportunities in the manufacturing sector.