Ambassador of Korea visits PEIE at KOM

July 08, 2017

With the aim of boosting relations between the sultanate and Korea, H E Kang Doho, Korean Ambassador to Oman, visited the Public Establishment for Industrial Estates (PEIE) at Knowledge Oasis Muscat (KOM).

The Korean ambassador was received by Hilal bin Hamad al Hasani, CEO of PEIE, who briefed the ambassador on the vision, mission and objectives of the Public Establishment for Industrial Estates. Hasani highlighted the various industrial estates that fall under the umbrella of PEIE throughout the sultanate in addition to Knowledge Oasis Muscat and Al Mazunah Free Zone.

Hasani underscored the vision of PEIE, which is to enhance the sultanate’s position as a leading regional centre of manufacturing, ICT, innovation and entrepreneurship excellence, and its mission in attracting industrial investments and providing continued support, through regionally and globally competitive strategies, good infrastructure, value adding services and easy governmental processes.

The ambassador was also acquainted with the objectives of PEIE, which include attracting foreign investments to the sultanate and localising the national capital, contributing to stimulate the private sector to achieve sustainable economic and social development, strengthening relations with the concerned authorities to ensure the flow of investment process and overcome any obstacles faced by investors, reinforcing cooperation with related international and regional organisations to boost the exchange of experience, knowledge and techniques used, developing employees’ skills and performance through a set of training programmes.

This will contribute towards creating new job opportunities, encouraging exports and the establishment of export industries, increasing the market share of locally manufactured products, stimulating the economic sectors in the sultanate including transport, tourism and banking, among others.

The two sides emphasised on the importance of reinforcing the bilateral relations between Oman and Korea in various areas.­

Similar content