Muscat – Muscat will host the Middle East’s first International Semiconductor Executive Summit on February 22 to 23, the Ministry of Transport, Communications and Information Technology (MTCIT) announced on Tuesday.
A statement issued by MTCIT said that a number of CEOs of companies working in the field of semiconductors and electronic chips from across the world, including Aspeed, Applied Materials and Westerwood Global, and several experts and specialists in the field will participate in the summit.
‘The summit aims to shed light on the sultanate as an economically and technologically sound destination that attracts investments, besides enhancing efforts to localise technology.’
About the summit, H E Dr Ali bin Amer al Shidhani, Undersecretary for Communications and Information Technology in MTCIT, said, “The organisation of this summit is realisation of the directives of the National Programme for Digital Economy and keeps pace with the sultanate’s direction to achieve the goals of Oman Vision 2040 to develop a digital economy.”
He added that the summit will attract investments in the communications and information technology sector, as well as facilitate establishment of projects in the sultanate, which in turn will enhance economic diversification and contribute to enhancing the gross domestic product.
“We invite companies in this sector to participate in the summit and benefit from the experts and working papers presented,” said H E Shidhani.
He informed that the sultanate was chosen to hold the summit because of its strategic location and its infrastructure. “The sultanate is moving towards diversifying its economy by promoting industries related to modern technologies.”