H E Sunaidy to outline sultanate's strategic vision at Outlook Oman
Date
10/23/2016 1:16:39 AM
(MENAFN- Muscat Daily) Muscat- H E Dr Ali bin Masoud al Sunaidy, Minister of Commerce and Industry, will outline the sultanate's strategic economic plan at an influential gathering of business leaders and government officials on Monday.
Over 100 leading companies are all set to participate at MEED's Outlook Oman Forum at Shangri-La Barr al Jissah Resort and Spa where a number of initiatives will be discussed. H E Dr Sunaidy will outline the sectors being prioritised by the government for investment opportunities through public-private-partnerships (PPP) and finance raised from the local and international banking market.
'This is a timely conference that will bring together key stakeholders in the public and private sector to discuss and facilitate investment opportunities that will progress the sultanate from an infrastructure and economic development point of view,' said H E Dr Sunaidy. More than 25 speakers and panelists representing different government bodies will address the forum including H E Hamood bin Sangour al Zadjali, executive president, Central Bank of Oman.
As Oman enters its ninth five-year plan, a key indicator of the Vision 2020 programme's achie-vement will be the launch of projects to achieve the goal of economic diversification. With several projects in the pipeline, Oman is focused on establishing a PPP framework to solve the funding challenge and attract much-needed investment. Outlook Oman Forum will discuss these seminal developments in detail and examine plans for further expansions in Oman's power and water production capacity and its domestic transport and telecommunications infrastructure.
The one-day programme will also take a look at initiatives to boost tourism, including the opening of the new terminal at Muscat International Airport this year and the expansion of Oman Air's global network.
The forum has designed an agenda to provide a complete outlook of the US$209bn projects market with speakers lined up to discuss Oman's progress and plans for its non-oil manufacturing and service industries, housing and real estate projects and further expansions in education and healthcare.
'This is one of the most important conferences that MEED has ever held,' said Richard Thompson, editorial director, MEED. 'In common with all oil producing countries, Oman is facing major economic challenges. H E Dr Sunaidy is driving an ambitious economic reform programme in response. It will touch every aspect of business in the sultanate and we are honoured and privileged to have his support in this important event.'
More details are available at https://outlookoman.meed.com. Registration for the forum will end on Sunday.
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