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Oman, Brunei explore investment opportunities at 3-day event

6 Jul 2022 By ONA

Bandar Seri Begawan – The Sultanate of Oman and Brunei Darussalam are exploring business and investment opportunities, available incentives and means of promoting economic relations between the two countries in Bandar Seri Begawan.

Discussions on bilateral relations were held at a three-day event – Oman-Brunei Dialogue – that concludes on Thursday.

The event, coinciding with the third meeting of the Oman-Brunei Committee, includes seminars on investment and education. A heritage and tourism exhibition is also being held on the sidelines of the event.

Oman-Brunei Dialogue aims to broaden the vistas of joint cooperation and exchange of expertise in economic, cultural and tourism fields.

It is a result of the efforts of Oman’s Embassy in Brunei Darussalam to intensify communication between public and private establishments of the two countries.

The opening ceremony was held under the patronage of Dato Seri Setia Dr Awang Haji Mohd Amin Liew Abdullah, Minister in Brunei Prime Minister’s Office and Second Minister of Finance and Economy.

The ceremony was also attended by H E Dr Saleh Said Masan, Undersecretary for Commerce and Industry in Oman’s Ministry of Commerce, Industry and Investment Promotion, Dr Hajah May Fa’ezah Binti Haji Ahmad Ariffin, Permanent Secretary for Economy in Brunei’s Ministry of Finance and Economy, and other officials, businessmen and academics.

The minister affirmed that the event reflects the progress of relations between the two countries which share many similar cultural values. He added that the event highlights the diverse opportunities offered by the two countries to encourage investments.

On his turn, H E Ahmed Hashel al Maskari, Ambassador of Oman to Brunei Darussalam, said that “the event aims to promote cooperation in investment, higher education and tourism fields within the framework of economic and general diplomacy”.

Such events help enhance relations and achieve the aspirations of the two countries’ peoples, he added.

Oman-Brunei Dialogue also highlighted various investments of Oman-Brunei Investment Company, which has a total capital of US$200mn in diverse sectors, including aviation, healthcare, tourism, hospitality, industry, communications and education.

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