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Oman offers lot of opportunity for investors: Ambassador

Published: Sunday, Mar 21, 2010, 1:50 IST
Place: Kochi | Agency: PTI

Sultanate of Oman ambassador to India, Humaid Ali Al Maani, today said Oman offered lot of opportunity for investors in a variety of sectors including chemicals, education and health.

Interacting with the Kerala chamber of commerce and Industry members here Al Maani said sectors like tourism, plastics, metals and food processing also offers great potential for the investors.

The trade relation between India and Oman goes back to centuries and bilateral trade between both the countries had
shown steady increase over the years, he said.

He said 80% of food products to Oman came from Kerala.

The main items that are imported in Oman are textiles and garments, tea, coffee, spices, rice and seafood, while Oman
was exporting Urea and lubricating oil to India, he said.

Members of the chamber had also signed MoUs with the trade
bodies of various countries, he said.

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