(Apr. 29) A memo to encourage commercial and investment cooperation between businessmen, businesswomen and private sector’s companies and establishments in Oman. This is the result of the agreement signed yesterday by Oman Chamber of Commerce and Industry (OCCI) and Invitalia group, a governmental agency. The memo was signed in a meeting at the OCCI headquarter in Muscat that brought together Khalil bin Abdullah al-Khunji, OCCI Chairman, Giancarlo Innocenzi Invitalia President, Paolo Dionisi, Ambassador of Italy to the Sultanate and a number of OCCI Board’s members, the Italian delegation, a handful of Omani businessmen and women. The agreement stipulates the activation of trade transactions, establishing joint investment , exchange of information, data, books and publications that support the development of joint economic action, in addition to encouraging exchange of trade delegations between the two countries, as well as the work towards participation in exhibitions and conferences organized by both parties. Al-Khunji said that the memo will enhance efforts by both countries with the target of strengthening economic and investment cooperation in the coming period in sectors and fields of priority, such as basic infrastructure projects i.e airports, ports, roads, shipping, higher education, health, petroleum and petrochemical industries, in addition to benefitting from Italian expertise in small and medium enterprises, tourism and fisheries sector, especially fish farming, alternative energy and other projects that come on top of government plans and program and he invited the Italian part to make use of investment opportunities available in the Sultanate.On his part, the Italian Ambassador affirmed the interest of the Italian government to strengthen the economic and investment relations with the Sultanate, the support of the Italian private sector to enter into joint economic and investment partnerships with Omani private sector. (Red)
