Omani-Tanzanian
Business Forum Explores Investment Opportunities

Muscat,
29 Apr (ONA) — Oman Chamber of Commerce and Industry (OCCI) today organized
the Omani-Tanzanian Business Forum to enhance economic cooperation and open new
investment prospects for business owners in the Sultanate of Oman and the
United Republic of Tanzania.

The
event was held on the sidelines of a visit by a Tanzanian delegation led by Dr.
Hashil Twibo Abdullah, Permanent Secretary of Trade and Industry in the United
Republic of Tanzania.

The
forum highlighted available investment opportunities in both countries, along
with key incentives and benefits offered to investors, while also reviewing the
economic environment.

It
included a roundtable meeting with Omani business owners interested in
investing in Tanzania, where both sides discussed prominent investment and
trade opportunities, ways to strengthen joint cooperation, and the exchange of
expertise. They also explored mechanisms to overcome potential challenges,
contributing to building effective and fruitful partnerships and enhancing the
presence of Omani investments in Tanzania’s promising markets.

Dr.
Hashil Twibo Abdullah emphasized that the delegation’s visit to Oman included
meetings with several public and private sector officials, as well as
discussions on promoting investment in the Sultanate of Oman.

In
a statement to journalists, he noted the abundance of investment opportunities
in Tanzania, along with incentives and facilities, stressing the long-standing
historical ties between the two countries.

On
his turn, Eng. Hamoud Salim Al Saadi, Second Deputy Chairman of the OCCI Board
of Directors and Chairman of the Chamber’s South Al Batinah Branch, stated that
the relations between Oman and Tanzania are deeply rooted in history, built on
foundations of mutual trade and cultural cooperation.

He
added that the forum focused on a range of vital and promising sectors that
offer real opportunities for investment and shared growth, providing a fertile
environment for strategic partnerships that enhance trade exchange and expand
cooperation between the two countries.

Eng.
Al Saadi affirmed that the roundtable meetings with Omani business owners were
a key opportunity to open direct dialogue channels with the Tanzanian
delegation, exploring joint cooperation and investment prospects. He urged
leveraging such vital meetings for effective communication, idea exchange, and
partnership exploration to strengthen Oman’s economic presence in Tanzania’s
promising market.

The
forum was attended by Fatima Mohammed Rajab, Ambassador of Tanzania to Oman,
Said Al Ismaili, Head of the Omani side in the Omani-Tanzanian Business
Council, and several Omani and Tanzanian business owners.

——
Ends/AH