Qatar Chamber, Oman’s SIPC team explore ways to enhance trade ties


Qatar Chamber (QC), held a meeting with a delegation from Sohar Industrial Port Company (SIPC), where they discussed ways and mechanisms to enhance joint cooperation in various fields besides identifying the investment opportunities available at the port.

Qatar Chamber First Vice-Chairman, Mohamed bin Ahmed bin Twar, said there is an interest from Qatari business owners and investors in identifying investment opportunities in the Sultanate, stressing that the mutual visits and bilateral meetings between the Qatari and Omani sides in recent times resulted in the signing of a large number of agreements and partnership deals between the two sides, which contributed to deepening trade ties between the private sector in Qatar and Oman.

He added that Oman’s Sohar State has great potential and investment incentives that have attracted international companies and factories. He also called on Qatari business owners to learn about investment opportunities in Sohar Port and the Industrial Zone. The Chamber is keen to enhance cooperation with the Omani side, and to support the Omani businessmen wishing to enter the Qatari market, he stressed.

Sohar Port and Freezone’s Executive Manager of Corporate Affairs, Suwaid Al Shamaisi, said that Sohar Port attaches great importance to food security.

A port area has been allocated for the storage and handling of food commodities along with the shipping and distribution operations.

Al Shamaisi, who headed the visiting Omani delegation, noted that the volume of investments in the Sohar Port and Free Zone amounted to more than $26bn, pointing out that the Omani side welcomes cooperation with Qatari business owners and investors in all fields and economic sectors.

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