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Muscat: On Tuesday, a group of ministers from Indonesia, Malaysia, Thailand, Singapore, and Brunei Darussalam, all of which have diplomatic ties to the Sultanate of Oman, went to the Invest Oman Lounge.
During the meeting, the ambassadors took note of the ways to invest in Oman and the incentives that are given to investors.
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The goal of the trip is to strengthen business ties between Oman and the countries of Asean. It also shows how the Foreign Ministry and the Ministry of Commerce, Industry, and Investment Promotion are working together to attract foreign investors and tell them about the business environment in Oman. The group was given a tour of the lounge and told about its different parts and the key services and incentives it offers to investors. The trip also showed how Oman has a lot of big investment possibilities in many areas of its economy.
A video presentation was shown to the group. It talked about the Investor Residency Programme and what special economic zones and free zones are and what their benefits are.
The delegation was also told about the most important parts of Oman’s business climate, the role of the lounge, and the services it offers to investors in a clear and organised way.
When Invest Oman Lounge opened in February 2023, it helped the business situation in Oman. The Lounge will be a one-stop shop for foreign investors looking for business prospects in Oman.
The lounge should make doing business easier because it will help potential investors learn about the investment environment, rewards, and industrial, free, and economic zones.
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The Lounge is meant to be a way for the government and the business sector to talk to each other. It will give investors a national database with a well-researched business map. This will help Oman become one of the best places to invest.
News Source: timesofoman
Originally posted 2023-04-03 05:04:55.
