WB DELEGATION VISITS PEIE

MUSCAT: A World Bank delegation visited the Public Establishment for Industrial Estates (PEIE) on Wednesday

The delegation is currently in a visit to the sultanate as part of efforts to strengthen the country’s economic competitiveness as part of an agreement signed with the Ministry of Commerce and Industry to re-evaluate Oman’s investment position, registration procedures and laws governing investments, a press release said.

The delegation was briefed on PEIE’s vision to enhance Oman’s position as a leading regional centre of manufacturing, ICT, innovation and entrepreneurial excellence. PEIE aspires to attract industrial investments and provide continued support, through regionally and globally competitive strategies, good infrastructure, value adding services, and easy governmental processes.

The delegation was keen to evaluate the importance of Oman’s strategic location. It was also introduced to the facilities and services offered by PEIE to investors in the various industrial estates and the compelling investment opportunities in the country.

SOURCE: MUSCAT DAILY