Business

Suhar Investment Forum to spotlight RO 1 billion worth of business opportunities

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The 1st Suhar Investment Forum began on Sunday, February 25 in the seaport city under the auspices of HH Sayyid Fahr bin Fatik al Said.

The two-day has been organized by the North Batinah Branch of the Oman Chamber of Commerce and Industry (OCCI). Various presentations will highlight the investment climate in North Batinah Governorate, and will be attended by several government officials.

A recent report by OCCI - North Batinah identified over a 100 investment opportunities in the governorate with a total capital value of around RO 1 billion, and the possibility of creating 9,000 jobs.

The main eight sectors identified in the report include healthcare, information technology, logistics, circular economy, industry, food security and tourism.

In a statement, Chairman of the Oman Chamber of Commerce and Industry branch in North Batinah Governorate and Chairman of the Forum's Organizing Committee, Eng Saeed bin Ali al Abri, emphasised the significant reception the forum has received.

“The Forum has received an overwhelming response with a confirmed participation of over 20 countries and more than 600 delegates and participants having registered for the event,” he said.

The forum will include keynote speeches, presentations and panel discussions highlighting the investing landscape of Suhar, he added.

A number of MOUs and agreements will be signed on the margins of the event, while delegates will be given a tour of the city’s key locations such as the Sohar Port and Freezone and the Suhar Industrial City.