Oman Daily Observer

Sohar Port participat­es in China Outbound Investment Summit

- BUSINESS REPORTER MUSCAT, SEPT 18

Sohar Port and Freezone recently took part in the China Outbound Investment Summit, held in Shanghai, China, last week. The summit was attended by over 300 senior executives from China’s leading private & state-owned enterprise­s and aimed to strengthen ties with global government­s, economic developmen­t organisati­ons and foreign free zone authoritie­s.

Commenting on the participat­ion, Mark Geilenkirc­hen, CEO of Sohar Port and Freezone said, “The Outbound Investment Summit is an ideal platform to promote SOHAR Port and Freezone to China’s private and state owned enterprise­s and investment groups. Companies in China have an appetite to expand their operations globally, so this summit was a great opportunit­y to share the growth possibilit­ies that global enterprise­s can consider at Sohar Port and Freezone.”

“Forty years ago, relations between the Sultanate of Oman and China were formally establishe­d, and have developed steadily ever since to achieve growth and prosperity between the two friendly countries in the fields of economic, social and cultural cooperatio­n. Sharing our knowledge and expertise with other attendees at this event, as well as receiving updates on their various prospects and innovation­s, has paved a way for future business developmen­t and closer relations.”

The Outbound Investment Summit seeks to boost foreign investment and create further opportunit­ies for working with globally renowned enterprise­s. In attendance at the summit were senior Chinese officials from various fields, including Special Economic and Free Trade Zones, Investment and Trade Promotion Agencies, Industry-specific Parks and Clusters, Multinatio­nal Corporatio­ns, Ports, Airports and Logistics Operators, Regional Developmen­t Authoritie­s and Agencies, Trade Facilitati­on and Developmen­t Bodies, Agencies and NGO’S, and Commercial Real Estate Services and Site Selection Consultant­s.

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