Ocean Economy and Future Technology Conference Continues

Muscat, The Ocean Economy and Future Technology Conference,

organized by the Foreign Ministry as part of the agenda of the International Forum Science

and Technology Diplomacy (IFSTD), continued its activities today at Oman Convention and

Exhibitions Centre.

Dr. Yousef bin Abdullah al- Balushi, head of the Science, Knowledge and Technology

Transfer Office at Foreign Ministry and Chairman of the Organizing Committee of the

Conference, said that the conference after its second day is going towards achieving many

of the goals that were set for it. He pointed out that it reached about 90%, and remaining

goals are expected to be completed before the last day.

He added that this conference is held for the first time in the region with the participation of

various sectors of the government sector, industry and academia, and linking the subject

with the global agenda specialized in the field of sustainable development, noting that many

speakers praised the laboratories where many issues were discussed and they transferred

the discussions to several countries, at the level of governments or the industrial and

economic sectors of the world.

On the most important agreements that are expected to be signed on the sidelines of the

conference, al- Balushi said that there are closed laboratories and discussions that have

been examining the presented projects through the Implementation Support and Follow up

Unit for several months to identify the ready opportunities and offer them to the participating

investors. He added that the indicators augur an international acceptance of those

institutions and that they are waiting for available opportunities.

The conference included 8 parallel panel discussions on fishing, renewable energy in the

continental shelf, logistics, maritime transport, aquaculture, oil and gas, mining in the

continental shelf, skills and competition in the ocean economy, as well as the economy of

the Omani Ocean.

More than 900 participants, 80 exhibitors and 86 international speakers and experts

representing 30 countries are participating in the conference, which will be concluded

tomorrow (Wednesday) to highlight future technology, innovation in the ocean economy and

promote international cooperation in the ocean economy, targeting a number of workers in

different sectors.

On the sidelines of the conference, closed laboratories were held to explore potential

opportunities, sectors and discussions with investment companies to implement a series of

international projects in the Sultanate and attract investments.

Paul Holthus, CEO of the World Ocean Council, said that there are many possibilities and

opportunities for investment in the ocean economy and in various sectors of the blue

economy. He pointed out that the Sultanate is integrated in this economy due to the long

coastline and strategic location overlooking the Indian Ocean. He pointed out that industry

and technology can enrich the economic diversification of the Sultanate in the field of sea

shipping, aquaculture, marine mining, fisheries, renewable energy, oil and gas, logistics and

tourism investment.

Sir Peter Gluckman, Chair of the International Network for Government Science Advice

(INGSA) said that the Sultanate’s government is fully aware of the importance of science in

various aspects of development, which is reflected in the Sultanate’s organization of

conferences and seminars on science and technology, stressing that the Sultanate has the

leadership in the region in the exploitation of science in the development sector.

Source: Oman News Agency