Oman enhances economic ties with India through OPAZ

Muscat – The Public Authority for Special Economic Zones and Free Zones (OPAZ) has organised a visit to India aimed at strengthening economic cooperation between the Sultanate of Oman and the Republic of India. Led by His Excellency Eng. Ahmed bin Hassan al Dheeb, Vice Chairman of OPAZ, the delegation visited several industrial and economic projects, including the Jindal International Steel Group's operations in Angul in Odisha, India, where they learned about the steel factory's operational processes. The delegation also toured the O.P. Jindal Global University, familiarising themselves with its academic programmes and research facilities.
The visit coincided with the 70th anniversary of diplomatic relations between Oman and India. In celebration, the Omani Embassy in India, in partnership with OPAZ, hosted a Business Forum attended by more than 80 Indian companies operating across a variety of sectors, including pharmaceuticals, food, medical products, and energy. The forum provided a platform for the delegation to present investment opportunities in Oman's special economic zones, free zones, and industrial cities. Additionally, the Omani House of Law gave a presentation on the country's legal framework and regulations for investors.
His Excellency Eng. Dheeb highlighted the importance of Oman's strong ties with India, recognising India as one of Oman's most prominent investment partners. He focused on the critical role of special economic zones and free zones in attracting investment and bolstering economic collaboration between the two nations. Eng. Dheeb further stressed the importance of exploring new investment opportunities in Oman to foster continued economic growth.

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