Omani Ithraa to promote investment, talent

11 Feb 2015

(MENAFN) Ithraa and US-headquartered Deloitte are in a business cooperation set at developing a groundbreaking program to attract new investments and talent to Oman, Times of Oman reported.

The plan is to take advantageous measures on Ithraa’s track record of attracting prominent foreign investments that include Vale’s USD1.25 billion Sohar industrial complex; Sohar Aluminium’s USD2.4 billion smelter; and Majid Al Futtaim Properties’ USD380 million retail space.

Ithraa’s new plan will capitalize on Oman’s strength and offer a series of actions to promote inward investment. Actions will include enhancing current package of services for new investors, support with recruitment, finance, local partner connections, and many more.

“This new inward investment plan will further develop Oman’s already impressive credentials as a competitive business location and reflect the Sultanate’s growing credentials as a knowledge economy,” Ithraa director-general said in a statement.

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