ISLAMABAD – July 25, 2024: A distinguished delegation from Oman, led by Ibtisam Al Farooji, Undersecretary of Investment Promotion at the Ministry of Trade, Industry, and Investment Promotion, has recently concluded a significant visit to Pakistan. The delegation, which included representatives from both public and private sectors, aimed to explore potential investment avenues and fortify the economic relationship between Oman and Pakistan.
The visit commenced with a detailed briefing at the Special Investment Facilitation Council (SIFC), where the delegation was acquainted with a broad range of investment opportunities spanning various sectors. This briefing underscored the proactive steps taken by the Pakistani government to improve the investment climate and attract foreign investment.
Throughout their visit, the Omani team engaged in a series of Government-to-Government and Business-to-Business meetings. These discussions were focused on identifying key projects and potential areas of collaboration, facilitated through SIFC and the Ministry of Commerce. The dialogue emphasized exploring trade and investment opportunities to bolster bilateral economic relations.
Additionally, the delegation held meetings with members of the Pakistan Chamber of Commerce and Industry, as well as other private sector representatives. They expressed a particular interest in the Green Pakistan Initiative, an environmentally-focused project operating under SIFC. The Omani representatives also showed enthusiasm for Pakistan’s new Land Information and Management System, among other relevant projects.
Ibtisam Al Farooji and her team conveyed strong confidence in the efforts of SIFC and indicated a readiness to delve deeper into investment possibilities within Pakistan. The visit offered a substantial platform for enhanced networking and collaboration, paving the way for more robust economic cooperation between the two nations.
This successful visit highlights the strengthening economic partnership between Pakistan and Oman, opening new avenues for bilateral cooperation. It marks a promising step towards a more mutually beneficial relationship, setting the stage for future collaborative ventures and investments.
