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
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
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
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