Muscat – The Oman Chamber of Commerce and Industry (OCCI) on Wednesday announced its business plans for the second half of 2022 at Sheraton Oman Hotel.

Speaking at a press conference, OCCI chairman Redha bin Juma al Saleh said that the chamber is working earnestly to attract foreign investments.

“OCCI is currently preparing a study to raise Oman’s competitiveness in various economic sectors. This will be achieved through diverse mechanism, including organising mutual visits within and outside Oman, as well as communicating directly with the investors,” he said.

Saleh informed that the chamber will organise a number of events this year, such as the third North Sharqiyah Economic Forum, the Knowledge and Innovation Economy Conference in Buraimi Governorate, the Economic Forum in the Governorate of Dhofar, and the Second Sohar Economic Festival.

OCCI will also host a meeting of the Federation of Gulf Cooperation Council Chambers, which supports the private sector in the GCC states and works to enhance cooperation between the Gulf chambers.

Saleh added, “The chamber will be hosting a meeting of the General Assembly of the Islamic Chambers of Commerce, Industry and Agriculture. The meeting aims to enhance trade cooperation among the member states of the Organization of Islamic Cooperation and facilitate business and investment exchange between them.”

OCCI is planning to organise a festival for SMEs and the Fine Arts Exhibition to support SMEs as well.

“OCCI contributed to the establishment of closed joint stock companies in a number of governorates, like Buraimi, Musandam, Dhahirah and South Sharqiyah. The companies aim to actively contribute to the development of these governorates and encourage Omanis to invest there,” Saleh said.

He further revealed that the OCCI will send commercial delegations to a number of destinations such as Kuwait, Saudi Arabia, America, Brazil, a few African countries and Bangladesh, which will lead to the conclusion of more commercial partnerships.