Unlock Your Business Potential in Oman with OCIPED

About the Omani Centre for Investment Promotion and Export Development (OCIPED)

The Omani Centre for Investment Promotion and Export Development (OCIPED) stands as a cornerstone of the Sultanate of Oman’s strategy for economic diversification and sustainable growth. Established by Royal Decree, our organization operates under the esteemed guidance of the Board of Directors, ensuring that our initiatives align with the national development plans and the overarching vision for Oman’s future. We function as a pivotal link between the government’s strategic economic objectives and the aspirations of both domestic and international businesses. Our team of dedicated professionals works diligently to create an environment conducive to investment and trade, offering a comprehensive suite of services designed to streamline processes, provide essential information, and facilitate meaningful connections within the business community. We are proud of our role in contributing to Oman’s economic progress and remain steadfast in our commitment to serving as a reliable partner for all stakeholders.

Our Mission and Vision: Driving Economic Growth in Oman

At OCIPED, our vision is clear and ambitious: the creation of wealth through robust investment promotion and strategic export development. This vision serves as the guiding principle behind all our endeavors, inspiring us to continuously seek innovative ways to enhance Oman’s economic standing on the global stage. Our mission is deeply rooted in a set of core values that we believe are fundamental to fostering a thriving commercial environment. These principles are:

Individual’s right to choose in commercial transitions: We believe in empowering individuals and businesses with the freedom to make their own commercial decisions without undue influence.
Ability to voluntarily exchange goods and services: A free and open market thrives on the voluntary exchange of goods and services between willing parties, and we actively support this principle.
Freedom to compete: Fair competition drives innovation and efficiency, and we are committed to fostering a level playing field for all businesses operating in Oman.
Protection of personal, intellectual and property rights: Ensuring the security of personal assets, intellectual creations, and property is paramount for building trust and encouraging investment and innovation.
Ability to access to sound money: A stable and reliable financial system is essential for economic stability and growth, and we support policies that ensure access to sound monetary resources.

By adhering to these tenets, we aim to cultivate a business ecosystem in Oman that is fair, transparent, and conducive to sustainable economic prosperity for all.

Empowering Investors: Your Partner for Success in Oman

OCIPED is committed to being the premier partner for investors looking to capitalize on the numerous opportunities that Oman offers. Our Directorate General of Investment Promotion provides a comprehensive range of services tailored to guide and support investors through every stage of their journey. These services include:

Comprehensive Investment Information and Support: We understand that access to accurate and timely information is crucial for making informed investment decisions. Therefore, we offer detailed insights into Oman’s investment climate, clearly outlining the relevant laws, procedures, and providing specific information on potential projects across various sectors. Our team is readily available to answer your queries and provide the necessary data to help you evaluate investment opportunities effectively.
Facilitating Connections and Approvals: Navigating the regulatory landscape can sometimes be challenging. OCIPED actively assists investors in obtaining the necessary government approvals and facilitates access to debt funding from both government institutions and commercial banks. We also organize tailored visit programs and facilitate matchmaking meetings with relevant stakeholders, ensuring that foreign investors can establish valuable connections within the Omani business community.
Expert Guidance and Strategic Advice: We go beyond simply providing information; our experienced team reviews project proposals meticulously, offering valuable advice on the most appropriate entry strategies for setting up operations in Oman. We leverage our deep understanding of the local market and regulatory environment to help investors optimize their plans for success.
Fostering Partnerships and Growth: Collaboration is key to sustainable growth. OCIPED actively assists local investors in identifying potential foreign partners who can bring in valuable expertise and technology, and vice versa. Furthermore, we support existing companies in their efforts to identify and forge strategic international partnerships that can drive expansion and innovation.
Promoting Oman as an Investment Hub: We actively promote Oman as a prime destination for investment through various international platforms. Our participation in roadshows and international seminars in key markets around the world allows us to showcase the compelling investment opportunities that Oman presents to a global audience.
Improving the Investment Ecosystem: OCIPED plays a vital role in continuously improving the investment environment in Oman. We regularly review existing investment laws, regulations, and procedures, and proactively make recommendations to the appropriate authorities for removing any impediments to investment, always in close coordination with the private sector to ensure practical and effective solutions.
Tailored Investment Promotion Activities: To further stimulate investment, we organize local seminars and programs designed to encourage private sector initiatives. We also undertake specific studies focused on identifying and promoting attractive investment opportunities. Our commitment extends to developing comprehensive publicity programs and creating compelling promotional materials that highlight Oman’s investment advantages.

Supporting Exporters: Expanding Your Reach Globally from Oman

OCIPED is equally dedicated to empowering Omani industries to thrive in the global marketplace. Our Directorate General of Export Development offers a comprehensive suite of services designed to equip Omani exporters with the knowledge, connections, and support they need to succeed internationally. These services include:

Access to Global Market Intelligence: Staying informed about market trends and opportunities is essential for successful exporting. We provide Omani exporters with valuable market information, including insights into demand, regulations, and competitive landscapes in various international markets. Additionally, we actively disseminate export inquiries received from potential international buyers directly to relevant Omani exporters.
Connecting Omani Exporters with International Buyers: Facilitating direct connections between Omani exporters and international buyers is a key priority. We provide comprehensive information on Omani companies to potential importers worldwide, showcasing the diverse range and quality of Omani products. Furthermore, we organize targeted matchmaking meetings that bring together Omani exporters and international buyers, fostering valuable business relationships.
On-the-Ground Export Assistance: We understand that navigating international trade can present unique challenges. OCIPED and our network of representatives provide direct assistance to Omani exporters, offering guidance and support on various aspects of the export process, from documentation to logistics.
Enhancing Export Capabilities: To ensure that Omani exporters remain competitive, we organize regular seminars and workshops focused on updating them on the latest trends, regulations, and best practices in international trade. These sessions equip them with the knowledge and skills necessary to succeed in the global arena.
Showcasing Omani Products Worldwide: We actively promote Omani products on the global stage by participating in prominent international exhibitions across various industries. This provides a platform for Omani companies to showcase their offerings to a wide audience of potential buyers and partners. We also organize and participate in trade delegations abroad, further facilitating market access for Omani businesses.
Export Promotion Resources and Strategies: OCIPED develops a range of promotional materials and publications designed to highlight the quality and capabilities of Omani industries. We also conduct in-depth market studies focused on specific Omani products to identify promising export opportunities. Furthermore, we play a crucial role in developing the overall export strategy for Oman and actively contribute to the formulation of the Sultanate’s export promotion policies.
Digital Trade Information Platform: In today’s digital age, access to online resources is paramount. OCIPED is actively developing an internet-based trade information database that will serve as a comprehensive resource for both Omani exporters and international buyers, providing easy access to vital trade-related information.

Discover the Advantages of Doing Business in Oman

The Sultanate of Oman offers a compelling proposition for businesses looking to invest and grow. Several key advantages make Oman an attractive destination:

Stable and Progressive Nation: Oman is recognized as a politically stable and forward-thinking country in the Middle East, providing a secure and predictable environment for business operations.
Significant Economic Growth: Over the past years, Oman has demonstrated remarkable economic growth across various sectors, indicating a dynamic and expanding market.
Diversifying Economy: While oil remains important, the strong growth of the non-oil sector ensures a more sustainable and resilient economic future, offering diverse opportunities for investment.
Proactive Foreign Investment Policy: The government actively encourages foreign capital to contribute to the nation’s development, offering strong support for international businesses.
Open Market Economy: Oman operates on the principles of an open market economy with free competition, fostering a fair and dynamic business environment.
Leading Role for the Private Sector: The private sector is not only encouraged but also actively facilitated to drive economic growth and innovation within the country.
World-Class Infrastructure: Oman boasts state-of-the-art infrastructure, including modern transportation networks, telecommunications, and utilities, essential for efficient business operations.
Attractive Incentives: The government offers various incentive packages, including attractive corporate tax rates and tax holidays, to encourage investment in key sectors.
Simplified Business Procedures: Efforts have been made to streamline and simplify the procedures for starting and operating a business in Oman, reducing bureaucratic hurdles.
Transparent Corporate Governance: Oman is committed to transparent corporate governance practices, ensuring a fair and ethical business environment for all stakeholders.

These factors collectively make Oman a highly attractive destination for businesses seeking growth and success in the Middle East.

Stay Informed with OCIPED's iCenter

Welcome to OCIPED’s iCenter, your central hub for the latest news and information concerning OCIPED and the broader business landscape in Oman, with a particular focus on export and import activities. We understand the importance of staying informed in today’s dynamic business environment. Within the iCenter, you will find a comprehensive archive of past news and announcements, allowing you to track trends and developments over time. As the leading organization for investment promotion and export development in Oman, we consider it our responsibility to disseminate timely and relevant information to the entire business community within the Sultanate. To this end, we proudly publish a quarterly eNewsletter called ‘Al Mihwar,’ which provides in-depth analysis and insights into key developments. We encourage you to explore the links to the latest issue of ‘Al Mihwar’ and delve into our extensive archive of previous editions to stay ahead of the curve.

Latest News & Highlights

Stay updated on OCIPED’s recent activities and key developments in Oman’s investment and export sectors. The following table highlights some of our recent initiatives:

Initiative	Date	Description
Participation in International Boston Seafood Show	March 2007	OCIPED, in collaboration with the Ministry of Agriculture and Fisheries, organized the participation of Omani fish exporters at this major international event in Boston, USA. The aim was to showcase the quality of Omani seafood and facilitate business opportunities for Omani exporters. Participating companies anticipated securing significant export orders.
Participation in ANUGA Food Exhibition	October 2007	OCIPED facilitated the presence of Omani food companies at the ANUGA Food Exhibition in Germany. This leading global food fair provided a valuable platform for Omani producers to present their products to a diverse international audience, explore potential partnerships, and expand their export markets.
Oman Cables Export Order to Sudan	January 2008	Oman Cables Industry (SAOG) secured a substantial export order worth US$ 5 million to supply power cables to Sudan. This success was a direct outcome of the company’s active participation in Buyer-Seller meets organized by OCIPED, demonstrating the effectiveness of our initiatives in connecting Omani businesses with international buyers and creating tangible export opportunities.

These examples illustrate OCIPED’s proactive role in promoting Omani businesses and fostering international trade. Please visit our iCenter for the latest updates and news on our ongoing activities and the successes of our partners.

Exciting New Collaboration: OCIPED and Casino Wolinak in Canada

We at OCIPED are thrilled to announce a groundbreaking collaboration with Casino Wolinak in Canada, marking an innovative step in fostering cross-cultural exchange and exploring new avenues for economic partnership. This unique initiative aims to create mutually beneficial opportunities for both Canadian visitors to Oman and for promoting Omani culture and potential investment to the esteemed clientele of Casino Wolinak. Through this collaboration, we envision a strengthened bridge between our nations, leveraging the diverse strengths of both Oman and Canada. This partnership underscores our commitment to exploring unconventional avenues for investment promotion and showcasing the rich heritage and modern advancements of Oman to a wider international audience. We believe this venture will not only enhance tourism but also pave the way for potential collaborations in various sectors beyond the scope of this initial agreement.

This collaboration is designed to offer distinct advantages to guests of Casino Wolinak and to Oman itself. The following table summarizes the key benefits:

Benefit for Casino Wolinak Guests Visiting Oman	Benefit for Oman Resulting from the Collaboration
Exclusive travel packages to Oman, showcasing the country’s natural beauty and culture.	Increased inbound tourism from Canada, diversifying Oman’s tourism market.
Special access to cultural events and historical sites in Oman.	Promotion of Omani culture, heritage, and traditions to a new demographic.
Potential investment opportunities in Oman’s burgeoning sectors.	Attraction of potential foreign investment into Oman’s hospitality, tourism, and other related industries.
Unique Omani-themed events and promotions hosted at Casino Wolinak in Canada.	Enhanced visibility and awareness of Oman as a desirable travel and business destination in Canada.
Opportunities to experience authentic Omani hospitality and traditions firsthand.	Potential for increased export of Omani products and crafts to the Canadian market.

Through meticulously curated travel packages, guests of Casino Wôlinak will have the opportunity to immerse themselves in Oman’s breathtaking landscapes, from our stunning coastlines to the majestic desert dunes and ancient forts. They will gain privileged access to unique cultural experiences, providing a deeper understanding of Omani traditions and history. Furthermore, we aim to highlight the attractive investment climate in Oman, encouraging potential investors among the casino’s clientele to explore opportunities in our diverse and growing economy. Simultaneously, Casino Wolinak will host exclusive Omani-themed events and promotions, bringing a taste of Oman to Canada and further piquing interest in our nation. This collaboration represents a novel approach to international cooperation, fostering not only tourism and potential investment but also a greater appreciation for the cultural richness of both Oman and Canada.