In the presence of His Majesty Sultan Haitham bin Tariq, the Oman Investment Authority (OIA) signed 23 agreements, cooperation notes, and strategic partnerships with Chinese institutions and companies worth several billion dollars.
Areas of Cooperation and Investment Opportunities
The signed agreements between the Oman Investment Authority along with several Omani companies and their Chinese partners cover various areas including renewable energies and related industries, mining, logistics, digital transformation, and space technology. These agreements also include banking cooperation, project financing, direct investment, and asset management, which support the organization's approach to creating long-term partnerships with added value for the national economy.
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Economic Diplomacy and Strengthening Oman's Position
The aforementioned agreements illustrate the organization's role in implementing economic diplomacy and are designed to expand the horizons of investment cooperation, strengthen the presence of the Sultanate of Oman in global markets, and align international opportunities with national economic priorities. These agreements also contribute to attracting capital and technology to Oman, localizing industrial activities and specialized services, knowledge transfer, and building national capabilities.
Abdul Salam bin Mohammed Al-Marshudi, Chairman of the Oman Investment Authority, stated that the official visit of His Majesty Sultan Haitham bin Tariq to the People's Republic of China is an important step towards economic partnership between the two countries and provides broader opportunities for the Oman Investment Authority and its subsidiaries. He emphasized that these agreements reflect diverse areas of cooperation, with the main focus on attracting investment and localizing industries and technologies in the Sultanate of Oman.
This meeting provided a suitable opportunity to present Omani opportunities to investors and establish connections between relevant institutions and potential partners, facilitating the advancement of cooperation towards feasible projects.
The royal visit, being the first trip of an Omani Sultan to China, injects new energy into the relations between the two countries and opens wider horizons for the development of their economic partnership and investment.
In this context, the "Oman-China Investment Partnership Horizons Forum" was held as a platform to facilitate direct communication between investment and financial institutions from both sides.
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