MUSCAT: The seminar in Al Buraimi began with a presentation by Khalid bin Saeed Al Shuaibi, Head of the Nazdar program, who reviewed the program’s key achievements. These included the launch of the National Investment Strategy, Invest Easy Lounge, the Investment Incentives Guide, and the Investor Residency Program. Al Shuaibi also elaborated on efforts to streamline foreign trade procedures and develop a national framework for trade growth, signaling Oman’s commitment to creating a business-friendly environment and promoting long-term investments that align with national objectives.
During his address, Al Shuaibi highlighted the unique strategic advantages of Al Buraimi, emphasizing its geographic location near regional markets, its border connectivity, and its rich potential in agriculture and mining sectors. He announced major upcoming projects, such as the anticipated railway development and the establishment of Al Rawdah Economic Zone, both designed to position Al Buraimi as a hub for trade and investment in Oman. These projects aim to enhance logistics infrastructure and attract both local and international investors, ultimately contributing to economic diversification.
The forum also explored future investment opportunities across various sectors, including manufacturing industries, education, tourism, logistics, and retail. These discussions focused on creating competitive value for the governorate while ensuring sustainable economic growth. The initiatives aim to diversify the local economy and provide quality job opportunities, aligning with the broader goals of Oman Vision 2040. Public-private partnerships were encouraged as a key driver for these developments, ensuring collaboration between government entities and private enterprises for long-term success.
The event was attended by officials, business leaders, and key stakeholders, and was sponsored by His Excellency Dr. Hamad bin Ahmed Al Busaidi, Governor of Al Buraimi. His Excellency Sheikh Hilal bin Saeed Al Hajri, Governor of Al Dakhiliyah, emphasized the importance of aligning projects with Oman Vision 2040 and reinforcing sustainability in economic development plans. The forum also showcased ongoing projects under the Inma’i and Governorates Development programs, with more than RO 41.8 million allocated to 60 projects spanning infrastructure, agriculture, tourism, human capital, and the knowledge economy, reflecting Oman’s dedication to balanced regional development.
