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“Economic Environment & Investment Opportunities in Oman”

Public Authority for Investment Promotion & Exports Development. “Economic Environment & Investment Opportunities in Oman”. Export Development and Facilitation 2013. Agenda. Oman’s Vision Our Vision & Mission Export Development from Oman. Oman Economic Principle.

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“Economic Environment & Investment Opportunities in Oman”

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  1. Public Authority for Investment Promotion & Exports Development “Economic Environment & Investment Opportunities in Oman” Export Development and Facilitation 2013

  2. Agenda • Oman’s Vision • Our Vision & Mission • Export Development from Oman

  3. Oman Economic Principle “The Basis of National Economy is Justice and The Principles ofFree Economy. ”

  4. Our Vision “Creation of wealth through Investment Promotion and Export Development”

  5. Our Mission • Individuals right to choose in Commercial Transactions. • Ability to Voluntary Exchange of Goods and Services. • Freedom to Compete. • Protection of personal, intellectual and property rights. • Ability to access Sound Money.

  6. Role of Directorate General of Export Development • Develop export strategy for non-oil Omani products • Conduct market studies in target markets • Provide international trade information/market intelligence • Provide trade leads • Organize exhibitions and trade missions • Invite buyers and arrange matchmaking meetings • Representatives System : which includes 22 representatives present in 18 countries, namely (Syria, Lebanon, Ethiopia, Ivory Coast, Denmark, Germany, Spain, France, Hong Kong, Philippines, Japan, Singapore, Thailand, Yemen, India, U.S.A, South Africa and Australia).

  7. Products of Export Development Department • Coordination with the Sultanate's commercial offices: (Bandar Abbas Office and Washington Office) • Coordinate with the public & private sectors on issues affecting international trade • Preparation of Trade secrets document • Generalized system of preferences (GSP) • Prepare a database information on importers of Omani exports (I-match) • Trade reports

  8. Export strategy for non-oil Omani products • Identify thrust products and target markets. • Find opportunities to leverage various trade pacts. • Fix export targets and monitor them. • Extend support services.

  9. Thrust products Oman

  10. Target Markets Oman

  11. List of markets under observation These markets were monitored to be assessed and the possibility of inclusion as strategic markets: Oman

  12. Market studies Oman

  13. Market studies Oman

  14. Market studies Oman

  15. Market studies Oman

  16. Promotional Materials: Export Brochure & Directory Oman

  17. International trade information & market intelligence • Sultanate of Oman is the first country in the GCC and Arab states to establish Productmap covering 72 sectors. • Trade Secrets documentof Sultanate of Oman is a reference guide published in coordination with International Trade Center/Geneva providing a comprehensive overview of the export process for the benefit of SMEs. • 2nd edition of the Trade Secrets (Arabic & English edition) launched on 17th May 2006. 3rd edition under process. Oman

  18. International trade information & market intelligence Oman The Generalized system of preferences (GSP) is a preferential tariff system providing advantages to developing countries by enabling qualifying products to enter markets of donor countries at reduced or totally eliminated rates of duty and is considered the year 2013 is the last year to take advantage of this system, which will be canceled in early 2014

  19. Trade Leads Oman • I-Match provides trade leads to Omani exporters. • Data strength: System has 165 exporters, more than 100,000 importers worldwide and 1500  global trade promotion organizations. • Auto email to exporters: Sends 5 importers details by email every week to  all exporters.

  20. Exhibitions and trade missions Oman Participated in many international exhibitions and trade missions exhibitions which have helped to showcase Sultanate of Oman as the manufacturer of quality products.

  21. Workshops and Seminars Oman Arranged many seminars and workshops which have helped Omani exporters to succeed in international markets.

  22. Invite buyers and arrange matchmaking meetings Oman Many exporters have derived benefits out of these matchmaking meetings.

  23. Trade Reports Oman • Trade reports analyses the two way trade scenario between the Sultanate of Oman and its trading partners and identifies potential export products based on imports done by these countries. • An average of 4 trade reports per month are prepared.

  24. Export Development Working Group Oman OCIPED has formed Export Development Working Group (EDWG) whose 13 members comprise of private and public sector organizations.

  25. Results The non-oil Omani origin exports increased from RO. 173 Million during the year 1996 to RO. 3594 Million in 2012 registering a Compounded Annual Growth Rate of 19.5% Oman

  26. Target for non-oil Omani origin exports 2012 Oman Where exports of Non-oil Omani Origin products are expected to grow by 15% to touch RO 3487 Million by 2012, Which exceeded the expectations set by PAIPED and reached RO 3594 Million in 2012 registering a Compounded Annual Growth of 18.5%.

  27. شكراً • www.paiped.com • export@paiped.com • invest@paiped.com • (+968) 24 62 33 33 • (+968) 24 62 33 00

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