MUSCAT: In a speech delivered at the second edition of TAS Conclave, Indian Ambassador Amit Narang, said, “As we emerge from the pandemic and enter a new era – uncertain and promising at the same time – the world is looking for new opportunities.

“With strong fundamentals and wise leadership, Oman stands at the cusp of a new phase of socio-economic progress, a new take-off point towards His Majesty’s salutary ‘Vision 2040’.”

To realise the aspirations, ambitions and approaches for Oman@52 and beyond, he presented five distinct opportunities – investment, trade, digital transformation, energy transition and tourism opportunities.

Highlighting investment opportunities, he said, “Already, Oman is home to over 6000 India-Oman joint ventures with estimated investment of over US$ 7.5 billion. Indian investments have created local jobs and have played a key role in transitioning the Omani economy to a higher trajectory.”

He concluded his speech by saying, “India has been a close friend of Oman in its Renaissance of the past 52 years. India is now eager to partner with Oman to speed up its renewed renaissance in the next 52. India is an opportunity for the future; an opportunity for Indians and the kind people of Oman to join hands together to script a better, brighter future for our people.”