His Excellency Dr. Yahya bin Badr Al Maawali, Governor of South Al Sharqiyah, held a meeting today with His Excellency Abdul Salam bin Mohammed Al Marshadi, Chairman of the Oman Investment Authority, in the presence of Their Excellencies the Walis, members of the Municipal Council, a number of officials from the Authority and the Governorate, and a number of CEOs of companies affiliated with the Authority.
This meeting comes within the framework of the ongoing efforts to enhance the partnership between government agencies and the private sector, and achieve sustainable economic development in line with the goals of Oman Vision 2040.
His Excellency the Governor opened the meeting with a speech in which he stressed the importance of enhancing cooperation and partnership between the governorate and the Investment Authority, pointing to the role of investment projects and partnerships in creating added value for the local economy, and the importance of decentralization in enhancing competitiveness and developing economic and investment projects in the governorate.
For its part, the Oman Investment Authority reviewed its role in achieving the goals of Oman Vision 2040, highlighting global trends in investment in the fields of modern technologies, green transformation, urban expansion, and supply chain transformations. A presentation was also given on the investment portfolios managed by the Authority, stating their impact on the development of the governorates and enhancing the role of local added value. The meeting also discussed the achievements of the “Oman Future Fund” in attracting foreign direct investment and developing economic projects, in addition to reviewing the local added value strategy and the achievements of the Authority’s affiliated companies in this field. The attendees also discussed ways of cooperation to enhance investment opportunities in the governorate, while discussing the challenges facing the investment sector and proposing appropriate solutions to overcome them.
Following the meeting, the delegation made a field visit that included a number of projects of the companies affiliated with the Authority, where they learned about the existing projects and their role in supporting the targeted economic sectors.
