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3rd BOF Kicks off with Signing Contracts Worth RO 482 Million.

Muscat, Nov 16 (ONA) --- The 3rd Business Opportunities Forum (BOF) kicked off at Oman International Exhibition Centre today under the auspices of Sayyid Haitham bin Tariq al-Said, Minister of Heritage and Culture.

The first day of the forum witnessed signing contracts worth more than RO 482 million. The forum is organized by Oman Chamber of Commerce and Industry (OCCI).

Sayyid Haitham affirmed that the efforts being exerted by OCCI, to organize this significant economic gathering for various categories of the private sector's establishments from inside and outside the Sultanate to achieve success of this local event with a global vision and presence, deserves appreciation as it enhances the trend towards developing business sector, upgrading elements of this sector, supporting the establishment of new projects and providing support for those joining the world of entrepreneurship.

In a statement to journalists, Sayyid Haitham pointed out that the private sector should be a supporter for the economy led by OCCI. He added that all government agencies associated with the private sector are prepared to eliminate all difficulties facing the private sector.

Said bin Saleh al-Kiyoumi, OCCI Chairman gave a speech at the opening ceremony of the forum saying that OCCI sought to make the 3 rd BOF a global gathering via promoting for the forum. He explained that OCCI succeeded to attract companies and investors from many sisterly and friendly countries currently taking part in this major economic gathering that includes trade delegations from 12 countries around the world.

Mohammed Shuqair, Chairman of the Federation of Chambers of Commerce, Industry and Agriculture of Lebanon said that the 3 rd BOF seeks to attract capitals and investors from different parts around the world and exploring investment opportunities available in the Sultanate.

Aiman bin Abdullah al-Hassani, OCCI Deputy Chairman for Economic and Branches Affairs, Head of the Committee for Omani Products Exhibitions affirmed in a statement to ONA that BOF is among major initiatives of the OCCI Board for the current term 2014-2017. He explained that the forum aims to be an economic mark for the Sultanate to promote for investment and setting up trade partnerships, in addition to seeking to allure capitals and investing them in the Sultanate.

After that, Sayyid Haitham distributed awards of the forum that included the award for the biggest value of presented contracts, which was obtained by Orpic, the biggest value of a single contract award that was obtained by PDO, the award for the largest number of contracts to be signed, which was obtained by Jindal Shadeed and the award for setting up a new company that was obtained by Shell Company.

Then, the chief guest and the attendees opened the exhibition associating with the 3 rd BOF in which many SMEs and Government agencies take part.

The BOF opening session witnessed signing several MoUs between OCCI and the Federation of Chambers of Commerce, Industry and Agriculture of Lebanon and the Federation of Chambers of Pakistan. They aim at promoting trade and investment between the Sultanate and these countries and achieving the optimum benefit from the relations in familiarizing with opportunities and investments in these countries. OCCI also signed a MoU with Shell Oman Marketing.

--- Ends/KH

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Publication:Oman News Agency
Date:Nov 16, 2015
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