OCIPED participation in the Investment Forum in Japan in 2- 4 March 2009

Over 800 Japanese companies participated in the Investment Promotion Forum organized by Japan Cooperation Centre for Middle East in Tokyo and Osaka during the first week of March. The objective of the Forum was to boost investment and technology transfer from Japan to MENA region. From Oman side The Ambassador of Oman in Japan H.E Khalid Al Muslahi, Mrs Nisreen Ahmed Jaffer, Director General of Investment Promotion, Mrs. Nasra Al Nazwani, Economic Researcher of OCIPED and OCIPED Representative in Japan participated in the event. A Presentation was made on Oman economy and investment opportunities in downstream projects focusing on Metal, Plastic and Chemical Sectors. Apart from Oman sixteen other countires from the MENA region also participated in the forum. The forum provided an excellent platform to showcase the developments which are taking place in the region and the opportunities available for investment in various sectors.

As part of the program the organizers had also made arrangements for business meetings and Ms Nasra Al Nizwani, Investment Promotion Department of OCIPED and Mr. Moriya the representative of OCIPED in Japan had meetings with more than twenty Japanese companies and discussed specific investment opportunities in Oman.

Nisreen while complementing JCCME for organizing the event in a professional manner at a time of the global credit crunch, mentioned that the large number of participation by the Japanese companies , much more than the expectations of the organizers JCCME , and the attractive projections of IMF on the positive 4% growth in economy of the MENA countries, has generated a serious interest of Japanese companies to invest in the MENA region.