Exhibition sector boosting economic growth and tourism diversification

Exhibition sector boosting economic growth and tourism diversification

Muscat: The Ministry of Commerce, Industry, and Investment Promotion (MoCIIP) said that the exhibition sector in Oman contributes to enhancing economic, investment, and tourism diversification, as well as marketing local products and fostering partnerships and attracting investors.

The government aims in the coming period to attract international and regional exhibitions and to attract local and foreign investors to engage in organising and managing exhibitions in line with Oman’s regional and international commitments and in line with the economic and commercial changes witnessed by the Sultanate of Oman.

The MoCIIP, represented by the Licencing Department, affirmed that the exhibition sector, in all its forms, is among the best methods for meeting clients, showcasing goods and services, closing deals, and obtaining commercial agencies. It also plays a fundamental role in transferring and localising information and technology, disseminating knowledge and professional practices, and fostering understanding and relationships between countries, cultures, and civilizations. One of its key objectives is to promote national industries and crafts. The MoCIIP prioritises and supports the exhibition sector as it constitutes a vital element in the future growth of the local economy.

Statistics released by the Licencing Department at the MoCIIP indicate that the number of exhibitions held during the year 2023