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