Sohar Investment Opportunities Conference was held in February 2011 and organized by Oman Chamber of Commerce and Industry (OCCI) through its committee in the Al Batinah Region and the executive body in Sohar branch.
Shaikh Ali bin Abdullah Al-Badi, OCCI board member and chairman of OCCI Committee in Al-Batinah Region said that this Conference was convened at a time Al-Batinah Region is witnessing major economic development and investment changes, most notably the new airport which is under construction now, Sohar Train Station which is a part of the Gulf project for the railway across the GCC countries in addition to its connection with a modern road network with the capital Muscat as well as the rest of the states of the Sultanate.
He added that “The conference aims at introducing the available investment and business opportunities that may be utilized by local and foreign investors in industry, trade, tourism, health and education sectors in addition to other mega projects such as the Blue City in Barka which is one of the largest tourism projects in the Sultanate, Sports City in Al-Musanah that hosted the Beach International Games Championship, Batinah coastal road between Muscat and Shinas implemented by the government as a civilized and developmental project, glamorizing the region with unique charming environment, in addition to the Batinah Highway with Muscat.”
Al-Badi outlined that the conference is a good kickoff to open new horizons for introducing the most important business and investment opportunities available in Al-Batinah Region, and attract more domestic and foreign investments.
The Islamic Chamber of Commerce and Industry (ICCI) is an affiliated organ to the Organization of the Islamic Conference (OIC) and the only representative of the private sector in the Islamic World. It held 11 meetings since 1994 in 11 Islamic States for the sake of enhancing trade exchange volume, fostering the volume of joint investment projects amongst the States of the OIC, strengthening closer collaboration between public and private sectors in the Islamic countries, developing necessary mechanisms for more cooperation through networking, organizing and establishing projects amongst the OIC States.