Ahmedabad (India), Yahya bin Said al- Jabri,

Chairman of the Board of Directors of the Public Authority for

Investment Promotion and Export Development (Ithraa), Chairman of

the Board of Directors of the Special Economic Zone Authority in Duqm

(SEZAD) affirmed that the Sultanate offers various opportunities to

invest in various economic sectors.

Speaking at the summit, which concluded today (January 20, 2019)

in Ahmedabad, Yahya bin Said al- Jabri said that the summit provided

a good opportunity for Indian companies to explore investment

opportunities in the Sultanate. He hoped that the coming period will

witness economic partnerships between the two sides, particularly with

companies operating in the Indian State of Gujarat.

The Sultanate is participating in the Vibrant Gujarat Global Summit

and Exhibition 2019 with a delegation led by Yahya bin Said al- Jabri,

Chairman of the Board of Directors of the Public Authority for

Investment Promotion and Export Development (Ithraa), Chairman of

the Board of Directors of the Special Economic Zone Authority in Duqm

(SEZAD). The delegation includes a number of stakeholders from the

public and private sectors including the Foreign Ministry, Ministry of

Commerce and Industry, SEZAD, the State’s Reserved Fund, Oman

Oil Company, Duqm Port Company, Duqm Quarries Company, Duqm

Oman Housing Company, Khimji Ramdas, and Oman Porcelain

Company.

On January 20th, 2019, Nitin Patel, Deputy Chief Minister of the

State of Gujarat received Yahya bin Said al- Jabri and his

accompanying delegation. During the meeting, they stressed the

importance of the economic relations between the Sultanate and India

and the efforts of the two countries to develop them to serve the

common objectives.

In the same context, Yahya bin Said al- Jabri, discussed the

activation of the memorandum of understanding signed by Oman

Company for the Development of Special Economic Zone at

A’Duqm (Tatweer) in 2017 with Adani Company for Ports and Economic

Zones.

This came during a visit to the company’s site at the port of Mundra on

the coast of the state of Gujarat India. Adani Ports and Special

Economic Zone Ltd (APSEZ), the largest port company in India,

manages Mundra Port, India’s largest container terminal with 24

berths. The company operates in a number of infrastructure and

industrial sectors with an investment of about $12 billion.

Source: Oman News Agency