Oman Provides Ideal Investment Climate, Say Singapore Company Officials

Oman Provides Ideal Investment Climate, Say Singapore Company Officials

Several Singaporean company officials have reiterated that Oman offers an appealing investment environment and promotes investment across multiple sectors, along with a business-friendly atmosphere.

Dr. S. Nasim, Executive Chairman of Meinhardt Group in Singapore, emphasized that Oman provides an attractive investment climate due to its ease of doing business, which is crucial for potential investors.

He highlighted that Meinhardt Group is actively involved in the Madinat Sultan Haitham Project, a significant venture that attracts investors, particularly from Singapore.

Dr. Nasim confirmed ongoing discussions with various government departments in Oman regarding future projects in different sectors.

He emphasized Oman's potential in tourism and the continuous efforts to enhance tourism infrastructure, which in turn, attracts foreign investments.

Dr. Nasim also mentioned Meinhardt Group's investment in Oman's information technology sector, focusing on establishing a platform to streamline commercial operations and provide value-added services to businesses utilizing the platform.

Peter Koh, CEO of Oceanus Group in Singapore, expressed the group's interest in investing in Oman across diverse fields, particularly in food security and fisheries distribution.

 

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