
Omani-Japanese
Investment Forum Explores Means of Boosting Partnership
Tokyo,
19 May (OMA) — The Omani-Japanese Investment Forum, held today in the Japanese
capital Tokyo, reviewed opportunities for cooperation and enhancing trade and
investment partnerships between the two countries.
The
event saw participation from representatives of the Ministry of Commerce,
Industry, and Investment Promotion and the Ministry of Health, as well as
business owners and investors from both nations.
This
took place during the visit of a delegation from Oman Chamber of Commerce and
Industry (OCCI) to Japan, headed by Rashid Amer Al Maslahi, First Deputy
Chairman of the Chamber’s Board of Directors.
In
his speech, Al Maslahi emphasized the forum’s importance in exploring potential
trade and investment opportunities between the two countries, adding that the
OCCI is keen to support and strengthen commercial cooperation between the Omani
and Japanese markets.
He
noted that over the past fifty years, private-sector cooperation between the
two countries has seen significant development, with bilateral trade growing by
7% in 2024 compared to 2023, reflecting the depth and strength of commercial relations.
Oman’s
exports to Japan include crude oil, natural gas, aluminum, and fisheries
products such as squid, tuna, and green beans, while imports from Japan consist
of cars, machinery, electrical equipment, and vehicle spare parts.
Al
Maslahi added that the OCCI delegation’s visit to Japan aims to empower the
Omani private sector and explore promising opportunities in information
technology, renewable energy, the circular economy, transportation and
logistics, and manufacturing industries.
For
his part, Dr. Mohammed Said Al Busaidi, Oman’s Ambassador to Japan, highlighted
the significance of the Omani-Japanese Investment Forum in boosting trade and
economic exchange, particularly in industry, advanced manufacturing,
healthcare, food security, tourism, services, as well as renewable and
traditional energy sectors.
The
event also featured several visual presentations on opportunities to enhance
bilateral trade, Oman’s investment climate, key incentives offered to investors
across various economic sectors, and investment prospects in the healthcare
sector, including major national projects.
Additionally,
the forum included a meeting between the OCCI First Deputy Chairman and head of
the delegation with several Japanese companies interested in the Omani market,
along with bilateral discussions, networking sessions, and business-to-business
meetings between Omani and Japanese firms.
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Ends/AH