OCIPEDOmani Centre for Investment Promotion and Export Development
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Encouraging foreign investment and promoting industrial diversification, Ociped is empowered to treat all companies equally, regardless of their ownership structure.
The sultanate will invite investors to two of its biggest ongoing projects -- the Duqm Port and the Sohar Free Zone -- which, Ociped believes, provide ample investment opportunities for businessmen from India and other countries around the world.
Non-oil exports Total non-oil exports in 2009 were RO1.85 billion, marginally short of the previous year's level "but still showing a clear jump over the preceding years and underscoring an overall growth trend," said Ociped's acting director general for export development Faris Nassser Al Farsi.
The OCIPED market study on 32 Omani products in Libya conducted last year revealed that Oman's market share in Libya's imports has immense potential to increase.
OCIPED reported a 52 per cent increase in OmanAAEs non-oil exports between 2007 and 2008.
"The value of non-oil Omani origin exports has touched 1,290 million Omani riyals during 2007 as against 812.5 million riyals during 2006, registering an impressive growth rate of 59 per cent," said Aiman Ambusaidi, director of export development at the OCIPED in press release issued here yesterday.
Oman is actively pursuing foreign participation in local projects and marketing itself overseas with the help of the Omani Centre for Investment Promotion and Export Development (OCIPED).
During the seminar, a working paper by the Omani Centre for Investment Promotion and Exports Development (Ociped) in collaboration with Oman Chamber of Commerce and Industry (OCCI) titled Eoe1/4Y[pounds sterling]Available investment opportunities in the Sultanate,Eoe1/4ao was presented by Nisreen bint Ahmed JaEoe1/4aoafar, director-general of OcipedEoe1/4aos investment promotion, which dealt with the SultanateEoe1/4aos investment plansEoe1/4ao programmes and as per Oman Future Vision 2020, the current development plan 2006-2010 as per oil production in the Sultanate and price per barrel.
Muscat, March 19 (ONA) The Sultanate, represented by the Agriculture and Fisheries Ministry and the Omani Centre for Investment Promotion, Exports Development (OCIPED) alongside with four Omani companies will take part at Boston Seafood Exhibition from March 20th to 22nd.
H E Maqbool Ali bin Sultan, Minister of Commerce and Industry and chairman of OCIPED, led a delegation recently to the UK to participate in a trade and investment forum that aimed to create a platform for further partnerships in business between Oman and the UK.
The global credit crunch impacted the exports of non-oil Omani-origin products but Ociped, the Oman Centre for Investment Promotion and Export Development, is confident it will meet targets for 2010.
According to the Omani Centre for Investment Promotion and Export Develop-ment (OCIPED), the rail route will enable significant savings to be made, both financial and in terms of time, when ships carrying goods heading to the Arab world dock in Oman and transfer products for the onward journey onto the much quicker railway.