Oman: Fast Track Initiative Launched to Attract Foreign Investment

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Oman: Fast Track Initiative Launched to Attract Foreign Investment

Al Sharkalawsat, 16 January 2022: Oman’s Trade, Industry and Investment Promotion Ministry has launched a Fast Track initiative as part of the Invest in Oman programme.

It is aimed at speeding up the process of completing and finishing various investment projects.

It is also aimed at improving the business environment and attracting more foreign investment to the Sultanate.

The first phase of the initiative will focus on investment projects in the renewable energy sector, industry and mining, tourism, logistical services and food security.

Elsewhere, the Chairman of the Trade and Industry Chamber added the Chamber is working on establishing closed joint stock companies to develop and improve the promising economic sector across the Sultanate. For full story, click here.

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