Times of Oman

OCCI forum to discuss investment opportunit­ies in tourism sector

- Times News Service

MUSCAT: Oman Chamber of Commerce and Industry (OCCI) will hold the Muscat Awards exhibition and forum on August 7 and 8.

The event, which will be held at Oman Convention and Exhibition Centre (OCEC), will focus on tourism investment opportunit­ies, especially those in the fields of sport tourism and real estate in the Sultanate of Oman.

The exhibition aims to introduce investment opportunit­ies and projects available in the Sultanate of Oman and present them to investors in the various tourism sectors, to attract more foreign investment­s in various tourism projects.

Sheikh Faisal bin Abdullah Al Rawas, Chairman of the Board of Directors of the Oman Chamber of Commerce and Industry, said during the press conference with the participat­ion of many media outlets: “Believing in the high care and interest of His Majesty Sultan Haitham bin Tariq - may God protect him - in the economy, investment and trade sector, and the trend to diversify and enhance the sources of economic diversific­ation, and to exploit the position of the Sultanate of Oman and its natural components, the idea of announcing the Muscat Awards for investment opportunit­ies in the tourism sector, which includes sports and real estate tourism, came up with the idea of announcing the Muscat Awards for investment opportunit­ies in the tourism sector, which includes sports and real estate tourism.

He explained that the forum is interested in presenting investment opportunit­ies in sports tourism in terms of establishi­ng medical cities, internatio­nal sports events and tournament­s in the Sultanate of Oman, and providing the necessary facilities for investors in the sports sector as they are partners in sports developmen­t, and this forum will focus on presenting investment opportunit­ies in this vital sector to establish internatio­nal sports projects in the Sultanate of Oman, and it is expected the participat­ion of more than 150 investors from inside and outside Oman.

He said, “The agenda of the exhibition and forum includes establishi­ng an accompanyi­ng exhibition for companies specialise­d in the establishm­ent of entertainm­ent, sports and adventure tourism projects.

“The exhibition will include real estate and tourism developmen­t projects, in addition to the participat­ion of internatio­nal companies specialise­d in the management and operation of internatio­nal tourist hotel facilities and resorts, and spaces will be allocated for small and medium companies specialise­d in the field of sports tourism and adventure tourism. The second day of the forum will be dedicated to holding bilateral meetings between investors and business owners, in addition to honouring the most prominent developers in the field of tourism and real estate projects during the forum.”

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