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ITHRAA Receives State Council's Economic Committee [Oman News Agency]
[March 06, 2014]

ITHRAA Receives State Council's Economic Committee [Oman News Agency]

(Oman News Agency Via Acquire Media NewsEdge) Muscat, Mar 5 (ONA) ----The Team of the Public Authority for Investment Promotion and Export Development "ITHRAA" received today at HQs', the Airport Heights the honorable members of the State Council's Economic Committee to publicize the role of the authority in the development of the national economy by attracting and developing the national and foreign investments required for the implementation of the social and economic development plans and to learn about its efforts in cooperation with stakeholders to develop exports of Oman's non-oil products.    The Officials presented a short working paper, which reviewed the plan for 2014 and the most important services offered to investors, exporters and businessmen.    The meeting also discussed the most important initiatives implemented by the authority to ensure the communication of its vision and mission under the new identity launched by the authority earlier this year under the name "ITHRAA".    Sayyid Faisal bin Turki al-Said, Director General of Marketing and Media at the authority announced that the Sultanate is witnessing  many developments in various sectors of development and under the existing economic enterprises ITHRAA seeks as part of its work to highlight the Sultanate as a strategic and competitive hub for business and most importantly, is the urgent need to develop a common framework between the authority and all stakeholders to ensure complementarity of roles and overcome challenges that may face them in coordination with competent public and private sectors.    The visit is part of a series of visits and meetings initiated by ITHRAA with a number of stakeholders from the public and private sectors.    It should be noted that ITHRAA is currently working on the implementation of plans and programmes prepared by the non-Omani exports development strategy 2011-2015 which has identified most promising markets and products and the Sultanate's strategy to promote investment, as specialized consultancy company has been appointed to modernize the strategy in cooperation with the competent authorities and which primarily aim at forming an integrated framework with the public and private sectors to enable ITHRAA to attract investment projects that will enhance the performance of the national economy.    ITHRAA also seeks to support the objectives of economic development through economic diversification and encourage the private sector to increase its contribution to the developmental investment projects.----Ends/MN/FS (c) 2014 (C) . Oman News Agency. All rights reserved. Provided by, an company

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