Muscat: Dr. S. Naseem, Chairman of the Singaporean Meinhardt Group, highlighted Oman’s conducive investment climate, emphasizing that the simplicity of business initiation is a critical factor for investors. Meinhardt Group is actively involved in the Sultan Haitham City project, a key development expected to draw significant investor interest. Dr. Naseem noted the ongoing dialogue with Omani government agencies to explore future infrastructure projects, underscoring Oman’s vast potential, especially in tourism, due to its natural beauty and the benefits of enhanced tourist facilities.

Assange Keong, Assistant CEO of Crimson Logic, echoed these sentiments, pointing out that Oman’s laws and procedures are highly encouraging for investment. Crimson Logic is investing in Oman’s IT sector, developing a platform to streamline business documentation and provide value-added services. Keong mentioned that the company is exploring additional opportunities within the Sultanate.

Similarly, Peter Koh, CEO of the Oceanus Group, expressed enthusiasm about investing in Oman, particularly in food security and fisheries distribution. Koh noted that Oman’s strategic initiatives and supportive business environment present ample opportunities for expansion and collaboration.