Oman is in the process of adopting several policies and strategies, such as reducing restrictions on FDI, improving the ease of doing business, facilitating access to credit, reducing rigidities in the labour market and protecting investor rights, according to His Excellency Abdulsalam bin Mohammed Al Murshidi, President of Oman Investment Authority (OIA).
Speaking in an interview with Oxford Business Group, Al Murshidi said the country is planning to attract higher levels of FDI by creating appealing investment opportunities with attractive return. “The country aims to target quality FDI, which can play a crucial role in generating value-added jobs, enhancing the skill base, facilitating the transfer of technology and knowledge, and boosting the competitiveness of the domestic private sector and small and medium-sized enterprises,” Al Murshidi said.
