Turkish delegation visits PEIE

4/12/2018 8:48:00 AM


In order to get acquainted with the investment climate in the Sultanate, a Turkish business delegation representing Turkish members of the Omani-Turkish Business Council visited yesterday (Tuesday) the headquarters of the Public Establishment for Industrial Estates (PEIE) in the Knowledge Oasis Muscat. The Turkish delegation was introduced to the vision of PEIE, which is to enhance the Sultanate’s position as a leading regional centre of manufacturing, ICT, innovation and entrepreneurship excellence, and its mission in attracting industrial investments and providing continued support, through regionally and globally competitive strategies, good infrastructure, value adding services, and easy governmental processes.

The delegates were briefed on the investment opportunities offered in the industrial estates that pertain to PEIE in the various governorates of the Sultanate, and the incentives offered by PEIE to attract investors. They were also introduced to the objectives of PEIE, which comprise attracting foreign investments to the Sultanate and localising the national capital, contributing to stimulate the private sector to achieve sustainable economic and social development, strengthening relations with the concerned authorities to ensure the flow of investment process and overcome any obstacles faced by investors.

Other PEIE objectives include reinforcing cooperation with related international and regional organisations to boost the exchange of experience, knowledge and techniques used, developing employees’ skills and performance through a set of training programmes, contributing to create new job opportunities, encouraging exports and the establishment of export industries, increasing the market share of locally manufactured products, stimulating the economic sectors in the Sultanate including transport, tourism, banking, among other sectors.


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