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Oman,
China Discuss Enhancing Economic, Investment Cooperation in Economic, Free
Zones
Muscat,
7 Sep 2026 (ONA) — Qais Mohammed Al Yousef, Chairman of the Public Authority
for Special Economic Zones and Free Zones (OPAZ), received today at the Authority’s
headquarters in Muscat an economic delegation from Hainan Province of the
People’s Republic of China, headed by Bater, Executive Vice Governor of Hainan
Province.
During
the meeting, the two sides explored ways to enhance economic and investment
cooperation in special economic zones, free zones, and industrial cities.
During
the meeting, investment opportunities available in the special economic zones,
free zones, and industrial cities supervised by the Authority were reviewed,
alongside discussing possible areas of cooperation with the Chinese province of
Hainan, as well as exploring opportunities to establish investment partnerships
between companies and institutions from both sides across a number of promising
economic and industrial sectors.
The
two sides emphasized the importance of coordination, facilitation, and creating
an environment supportive of cooperation, in parallel with involving economic
zones, companies, and the private sector in developing and executing investment
and commercial opportunities and projects of mutual interest. They also
highlighted benefiting from mutual experiences in developing and managing
economic and specialized zones, enhancing integration between zones and ports,
developing industrial clusters, and attracting qualitative investments, thereby
contributing to transitioning from general frameworks of cooperation to
practical partnerships based on specific initiatives and projects.
During
the meeting, the ecosystem of special economic, free, and industrial zones
supervised by the Authority was presented, along with the supportive investment
environment it provides, benefiting from the Sultanate of Oman’s strategic
location, regulatory flexibility, and openness to regional and global markets,
as well as the logistical depth provided by the network of ports, airports, and
integrated infrastructure, which enhances investors’ ability to access markets
and expand their businesses.
The
two sides addressed the importance of enhancing communication between the
business communities in the Sultanate of Oman and Hainan Province, and introducing the
opportunities available for Chinese companies to invest and expand in the zones
supervised by the Authority, contributing to attracting qualitative
investments, enhancing industrial integration, and transferring knowledge and
modern technologies.
Both
parties also affirmed the importance of continued coordination and exchange of
expertise, as well as working to explore new areas for cooperation and
partnership, enhancing economic and investment relations between the Sultanate
of Oman and the People’s Republic of China, represented by Hainan Province, and
serving the mutual interests of both sides.
—Ends/AG