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EDITOR IN CHIEF- ABDULLAH BIN SALIM AL SHUEILI

Oman strengthens trade relations with Indonesia

Trade between Oman and Indonesia had reached approximately RO 129.6 million (around $ 336.6 million) by July 2024.
Trade between Oman and Indonesia had reached approximately RO 129.6 million (around $ 336.6 million) by July 2024.
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JAKARTA: A delegation from the Oman Chamber of Commerce and Industry (OCCI) has commenced its visit to Indonesia, aiming to bolster trade and investment ties between the two nations. The delegation seeks to foster partnerships among private sectors and share expertise across various fields.


Eng Hamoud bin Salem al Saadi, the delegation's leader and Second Deputy Chairman of OCCI, emphasized the importance of this visit in exploring trade and investment opportunities. He noted that trade between Oman and Indonesia had reached approximately RO 129.6 million (around $ 336.6 million) by July 2024.


During their stay, the delegation plans to review recent developments in critical sectors such as food security, urban planning, construction, manufacturing, and renewable energy. They also intend to identify investment opportunities available in Oman and are expected to sign several memoranda of cooperation with Indonesian counterparts.


Anwar bin Hamad al Sanani, Chairman of OCCI's branch in South Al Sharqiyah Governorate, mentioned that an extensive agenda has been arranged, including visits to various public and private institutions in Indonesia, meetings with local business leaders, and participation in an Indonesian trade exhibition. This visit is part of broader efforts to enhance collaboration between Oman and Indonesia and to support private sector initiatives in discovering new investment opportunities.


The delegation comprises 26 members, including representatives from various sectors such as small and medium enterprises, health, construction, logistics, manufacturing, and renewable energy, along with government officials. — ONA


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