Building a plan to boost trade and improve the business climate
The article focused on Sultan Haitham bin Tariq's directives to establish a national program aimed at enhancing an attractive business environment for investment. The goal is to improve government service efficiency and facilitate investors' journeys, in addition to a long-term plan to boost non-oil growth in Oman’s trade balance. The program includes streamlining procedures, reducing time and costs, and integrating systems and services across government entities, all with the aim of empowering the private sector and diversifying the industrial and export base. The approach also emphasizes analyzing imports, domesticating production, and growing non-oil exports by leveraging port and logistics infrastructure, ultimately to enhance the competitiveness of Omani products and sustain economic growth.
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