Oman hosts Ja­panese busi­ness del­e­ga­tion, plans to strengthen ties

Muscat Daily - - BUSINESS -

Oman-Ja­pan busi­ness re­la­tions were fur­ther en­hanced at a meet­ing held at the Crowne Plaza Mus­cat on Mon­day.

A se­ries of busi­ness-to-busi­ness (B2B) meet­ings, site vis­its and in­vest­ment pre­sen­ta­tions have been ar­ranged by Ithraa, Oman’s in­ward in­vest­ment and ex­port de­vel­op­ment agency, for a high-pro­file Ja­panese busi­ness del­e­ga­tion vis­it­ing the sul­tanate.

The four-day visit has been de­signed to show­case Omani man­u­fac­tur­ing, lo­gis­tics, tourism and oil and gas ex­cel­lence and build closer busi­ness and in­vest­ment ties be­tween Oman and Ja­pan.

Ja­pan is al­ready one of Oman’s largest trad­ing part­ners with ex­ports worth US$2bn while im­ports from Ja­pan val­ued at US$2.5bn.

“The Oman-Ja­pan part­ner­ship has a long and dis­tin­guished his­tory and con­tin­ues to go from strength to strength,” said Nasima al Balushi, Ithraa’s direc­tor gen­eral of in­vest­ment and ex­port.

“The planned site vis­its, B2B meet­ings and in­vest­ment pre­sen­ta­tions are a unique op­por­tu­nity for Omani busi­nesses to pro­mote their prod­ucts and ser­vices, and de­velop new Ja­pan­based au­di­ences, part­ner­ships and con­nec­tions. I look for­ward to show­cas­ing Oman’s ex­cel­lence and the out­stand­ing in­vest­ment op­por­tu­ni­ties on of­fer right across the sul­tanate,” said Nasima.

On the do­mes­tic front, the visit will of­fer lo­cal busi­nesses the op­por­tu­nity to ex­plore the pos­si­bil­i­ties and prac­ti­cal­i­ties of trad­ing with Ja­pan. It is also aimed at Omani com­pa­nies al­ready ac­tively do­ing busi­ness with Ja­pan or look­ing to ex­pand their ex­port and im­port op­er­a­tions.

Ac­cord­ing to Nasima, Oman’s in­fra­struc­ture is first-class while its work­force is qual­i­fied and skilled in a va­ri­ety of ar­eas, from man­u­fac­tur­ing, agri­cul­ture, fish­eries to IT, mining and tourism.

“We are de­lighted to be or­gan­is­ing this im­por­tant visit. Seek­ing new mar­kets and in­vest­ment part­ners will en­able us to land the ma­jor deals that will grow Oman’s econ­omy and help forge lu­cra­tive busi­ness re­la­tion­ships. We’re hope­ful the up­com­ing five-day visit pro­gramme will en­cour­age more Ja­panese small and medi­um­sized en­ter­prises and larger com­pa­nies to in­vest, set-up and ex­port from Oman,” she added.

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