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The Omani Centre for Investment Promotion and Export Development (OCIPED) is a Government establishment, formed by a Royal Decree No. 59/96 dated 26th June 1996 of the Sultanate of Oman.
The Centre aims at increasing the contribution of the Private Sector to the investments required for the development plans and promoting the export of Omani products to foreign countries to improve the balance of trade of the Sultanate.
The Working Group at the Centre operate under the guidance of the Board of Directors
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Our Vision statement
Creation of wealth through investment promotion and export development
Our Mission
- Individual’s right to choose in commercial transitions.
- Ability to voluntary exchange goods and services.
- Freedom to compete.
- Protection of personal, intellectual and property rights.
- Ability to access to sound money.
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Investment Promotion:
The services rendered by the Directorate General of Investment Promotion are listed below:
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- Providing information on investment climate, laws, procedures and also project specific information.
- Organizing visit program and matchmaking meetings for foreign investors.
- Assisting investors to obtain various government approvals and obtaining debt funding from government or from commercial banks.
- Reviewing the project proposals prepared by the investors and advising them on the appropriate entry strategy for setting up operations.
- Assisting local investors to identify potential foreign partner and vice versa.
- Organizing Road shows or participating in International seminars in various countries to promote Oman as a destination for investment.
- Reviewing the investment laws, regulations and procedures and making recommendations to appropriate authorities for removing impediments for investment in coordination with private sector.
- Organizing local seminars and programs to encourage private sector initiatives for investment promotions.
- Supporting the existing companies to identify international partners.
- Carrying out specific studies related to investment promotion.
- Organizing various publicity programs and developing promotional materials.
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Export Development
The services rendered by the Directorate General of Export Development to the Omani Industries are listed below:
- Providing Market information to exporters.
- Disseminating export enquiries to exporters.
- Providing information on Omani companies to importers.
- Organizing Matchmaking meetings between Omani exporters and International buyers.
- Providing assistance to exporters through OCIPED and its representatives.
- Organizing Seminars / Workshops to update the exporters.
- Promoting Omani products by participating in international exhibitions.
- Participating and organizing trade delegation abroad.
- Bringing out promotional materials and publications.
- Conducting export related market studies for Omani products.
- Conducting export strategy for Oman and contributing to the export promotion policies of the Sultanate.
- Developing Internet based trade information database.
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