Oman plans to address private sector challenges

Oman plans to address private sector challenges

Muscat: Oman Chamber of Commerce and Industry (OCCI), in partnership with the Ministry of Commerce, Industry and Investment Promotion, today organized the “Partnership and Integration” programme.

The programme aims to find solutions to the challenges facing the progress of the Omani private sector, upgrade the level of performance, and keep pace with aspirations in light of the objectives of the Oman Vision 2040 towards an effective and proactive private sector.

Qais Mohammed Al Yousef, Minister of Commerce, Industry and Investment Promotion, explained that the proposed solutions that were formulated and discussed during the programme will enhance the competitiveness of the private sector. These solutions were specific, clear, and tailored to address the real challenges of the sector, he added.

The minister stressed that the existing efforts made by private sector establishments are designed to develop the national economy through the continuous endeavor to find strategic partnerships that contribute to advancing economic development.

Al Yousef added that these meetings with the private sector represent the necessity of strategic partnership through the proposals and initiatives presented by the private sector through OCCI.

The minister stated that the programme aims to empower the private sector, create new business opportunities and projects, attract quality investments, enhance exports, and develop