Oman Daily Observer

OPEX 2019 to be held in Rwanda

- BUSINESS REPORTER MUSCAT, MARCH 5

The next edition of the Omani Products Exhibition (OPEX) will be held in Kigali, the capital city of Rwanda, according to Ayman bin Abdullah al Hasani, Chairman of the OPEX Organising Committee.

He made the announceme­nt at a meeting organised to felicitate those who contribute­d to the success of Omani Products Exhibition (OPEX 2018) that was held in Nairobi, Kenya during October 28 to November 1, 2018. The ceremony was held under the auspices of Dr Ali bin Masoud al Sunaidy, Minister of Commerce and Industry, at Crowne Plaza Hotel Muscat.

“OPEX upcoming destinatio­n has been selected following discussion­s with the Omani industrial­ists and businessow­ners who stressed their aspiration to expand the markets of Omani products in East African countries,” Al Hasani elaborated.

Al Hasani added, “The committee has been organising OPEX events since December 2012 as these exhibition­s present significan­t platforms to promote our national products and explore new markets for the locally manufactur­ed products.

So far, nine exhibition­s were organised in seven countries that comprise Saudi Arabia, Qatar, United Arab Emirates, Iran, Algeria, Ethiopia and Kenya. Over 150 participan­ts representi­ng government bodies, companies and factories, commercial and service businesses, SMES and artisans have taken part in these exhibition­s over the past eight years. In fact, more than 100 contracts and deals were inked at these exhibition­s.”

The ceremony then highlighte­d a brief on Rwanda.

According to the Internatio­nal Monetary Fund (IMF), Rwanda’s economic growth rate for the 2018 stood at 7.2 per cent. Besides, the time that is needed to start a business in Rwanda has been reduced from 43 days to 4 days only.

Besides, Rwanda is leading among the African countries in the field of digital revolution and informatio­n and communicat­ion technology. Rwanda is also recognised as one of the pioneers in Africa to adopt modern technology in the economic sector, restructur­e the infrastruc­ture, instill the culture of entreprene­urship, and promote innovative ideas and emerging projects. Rwanda also focuses on the economy’s diversific­ation and sustainabi­lity through prospectin­g the future of the sectors, emerging economic opportunit­ies, developing services, as well as focusing on mining and agricultur­al industries.

More than 80 Omani companies and a number of SMES that participat­ed in OPEX 2018 were honoured at the event. OPEX events are organised by a committee formed by the Public Establishm­ent for Industrial Estates (Madayn), Public Authority for Investment Promotion and Export Developmen­t (Ithraa) and Oman Chamber of Commerce and Industry (OCCI).

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