Muscat – Sohar Investment Forum 2024, scheduled for February 26-27, 2024, is set to be a landmark event in North Batinah, organised by the governorate’s branch of Oman Chamber of Commerce and Industry.
The forum aims to showcase and explore a plethora of investment opportunities across various sectors, reflecting the governorate’s diverse economic landscape.
The forum will include a conference, an exhibition and business-to-business (B2B) meetings; it is designed to facilitate direct interactions and networking among participants, paving the way for fruitful discussions and potential partnerships, a press release stated.
‘The forum is not just an event; it is an integral initiative in line with Oman Vision 2040. It seeks to highlight Sohar’s emerging status as a dynamic and forward-looking investment landscape. This effort aligns with OCCI’s broader objective to bolster Oman’s profile as an attractive investment destination and support the private sector in capitalising on new business opportunities.’
Highlighting the region’s burgeoning economic potential, Said al Abri, Chairman of OCCI North Batinah, stated, “Sohar, known for its medium to large industries, many of which are export-oriented, has seen significant growth with over US$35bn in cumulative investments from both domestic and foreign investors.”
According to Abri, this thriving economic environment is a testament to Sohar’s robust investment appeal. The forum will spotlight new and lucrative investment opportunities in rapidly expanding sectors. These include manufacturing, exports, logistics, tourism, energy, renewables, real estate, minerals, agriculture, food processing, IT, fintech, e-commerce, healthcare, education and retail, among others.
The forum is expected to draw over 600 high-ranking officials from Omani ministries and key agencies, alongside prominent business owners and investors from Oman, the MENA region, Europe, Asia and the Americas.
This diverse gathering will provide a platform to share and explore emerging opportunities in North Batinah. A highlight of the event will be the signing of several cooperation and investment agreements, further cementing the governorate’s position as a prime destination for investments.