Muscat – The Oman Chamber of Commerce and Industry (OCCI) announced 14 initiatives on Wednesday aimed at enhancing the business environment and promoting economic diversification across the governorates, in line with Oman Vision 2040.

The initiatives were developed in collaboration with the Oman Vision 2040 Implementation Follow-up Unit as part of a strategic development cycle. The announcement was made during the closing ceremony of a three-day workshop on integrated economic development attended by senior government officials, OCCI board members, and sectoral committee heads.

The initiatives focus on three key pillars: Improving the business environment, fostering economic partnerships in the governorates, and broadening the scope of economic diversification. Six initiatives fall under the first pillar, while the second and third pillars each include four initiatives.

Zakaria bin Abdullah al Saadi, CEO of OCCI, stated that a detailed implementation plan has been developed in coordination with the Oman Vision 2040 Follow-up Unit to ensure these initiatives deliver the desired impact. “This structured approach is aimed at strengthening the chamber’s role in supporting the private sector,” he said.

Faisal bin Abdullah al Rawas, Chairman of the OCCI Board of Directors, emphasised the chamber’s commitment to reinforcing the private sector’s role in the national economy.

“These initiatives reflect a collaborative effort involving experts, business owners, and stakeholders to align with Oman Vision 2040’s sustainable economic growth targets,” he said.

Saadi added that the development cycle introduced a new collaborative framework between the public and private sectors. He noted that the initiatives were crafted to prioritise national economic growth and sustainability, ensuring alignment with Oman’s strategic goals.

The OCCI’s efforts aim to foster stronger partnerships and provide a supportive environment for businesses to thrive, further contributing to the diversification and resilience of Oman’s economy.