A delegation from Invest Oman successfully ended its official visit to the Republic of South Africa, as part of the Ministry of Commerce, Industry and Investment Promotion’s (MoCIIP) efforts to reinforce Oman’s global presence and explore mutually beneficial investment opportunities. The visit’s programme featured a series of high-level meetings and engagements, including a roundtable that brought together leading investors and economic entities in South Africa, bringing together 18 companies representing the mining, technology, food security, and manufacturing sectors. During the roundtable, the delegation delivered an extensive working paper on Oman’s investment landscape, highlighting the country’s competitive advantages, including its advanced infrastructure, economic zones and free zones, and the incentives and facilitations available to investors. The paper also shed light on Oman’s strategic role in global supply chains, enabled by its significant geographic location, and showcased success stories of international companies operating in the Sultanate of Oman, demonstrating the readiness of Oman’s market to attract valuable investments. Both sides discussed avenues for enhancing bilateral cooperation. South African investors expressed strong interest in learning more about promising opportunities in the Sultanate of Oman and conveyed their intention to organise field visits to review infrastructure projects, investment sites, and potential areas for future partnerships. The visit also included several bilateral meetings with prominent companies in priority sectors to explore collaboration prospects aligned with Oman’s strategic directions. The Omani delegation visited the investment promotion authority in Pretoria, where both sides reviewed the promising opportunities and available incentives, supporting efforts to expand international cooperation and attract high-quality investments. Khalid bin Hamed Al Kharusi, Director General of Investment Promotion at MoCIIP, affirmed that the visit marked an important step in building stronger economic cooperation between the two countries. He noted that the meetings with investors helped present a clear picture of Oman’s readiness to attract valuable investments in promising sectors and reinforce its position as a regional investment hub. He added that the strong interest shown by joining companies reflects growing confidence in Oman’s economy and opens new prospects for strategic partnerships supporting the goals of Oman Vision 2040. The visit also reviewed key aspects of trade exchange between the two countries. Oman’s exports to South Africa included products such as anhydrous ammonia, urea, polyethylene terephthalate, aluminium ammonium nitrate, and calcined petroleum coke. Major Oman’s imports from South Africa included non-alloy pig iron, oranges, refined copper cathodes, raw aluminium alloys, and fresh apples. The visit came to an end with both sides emphasising the importance of continuing the exchange of economic delegations and hosting future field visits to advance joint initiatives, increase bilateral investment flows, and strengthen commercial cooperation between the two countries.
