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Muscat – Held under the patronage of His Excellency Faisal bin Abdullah Al Rawas, Chairman of the Board of Directors of OCCI, the forum focused on fostering economic cooperation and investment between the Sultanate of Oman and India.
In his opening statement, His Excellency Al Rawas emphasised that the forum was a significant step in strengthening economic ties between the two countries. He highlighted the imminent signing of an economic agreement between Oman and India aimed at increasing trade exchange and liberalising the flow of goods between the two nations. This agreement is expected to create more opportunities for trade and investment in various sectors.
The forum also centred on key areas for joint investment, including renewable energy and green hydrogen, real estate development and future cities, food security, and tourism. Areej bint Mohsin Haider Darwish, a prominent member of the OCCI Board of Directors, explained that the forum’s discussions were designed to identify potential areas for collaboration that align with the goals of economic diversification in both countries.
A key highlight of the event was the launch of the training platform for the Chartered Accountants Program, aimed at enhancing human capabilities and preparing Omani professionals to make informed financial decisions that support the sustainable growth of both public and private sector institutions in Oman.
Dr. Abdullah bin Masoud Al Harthy, a Board Member of OCCI and Chairman of the Supervisory Committee of the Omani CFO Program, underscored the importance of the forum in elevating economic relations between Oman and India. He noted that the collaboration would contribute to the expansion of the private sector and promote sustainable development through joint investments. Dr. Al Harthy also pointed to Oman Vision 2040 as a strategic framework to attract investments and stimulate economic growth.
The forum also provided a platform to discuss the key goals of Oman Vision 2040, which includes creating a sustainable economy, improving governance, and enhancing institutional performance. The Invest in Oman Hall showcased the country’s efforts to enhance its investment environment, while the Special Economic Zones and Free Zones Authority highlighted its role in developing infrastructure to attract local and international investors.
Two discussion sessions were held during the forum. The first session focused on food security and renewable energy, while the second addressed tourism and real estate development. The forum also presented successful models of economic cooperation between Oman and India, including India’s experience in digital payments and financial inclusion, and its impact on economic growth.
The event was attended by His Excellency Amit Narang, Ambassador of India to Oman, and a number of experts from various sectors.
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