Oman seeks investment in petrochemical sector

Consul general invites traders' delegation to explore opportunities in Gulf nation


Our Correspondent March 02, 2025

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KARACHI:

Oman Consul General Sami Abdullah Salim Al Khanjari has invited Karachi traders to invest in the oil-rich Gulf Arab nation as there are vast opportunities for investment that offer significant benefits to the business community.

New trade avenues can be explored in Oman in areas such as the petrochemical sector, where joint ventures and business agreements can bring the business communities of both countries closer, positively impacting their economies and further strengthening economic ties. The Oman consul general expressed those views during a meeting with a delegation, led by Pakistan Chemicals and Dyes Merchants Association (PCDMA) Chairman Salim Valimuhammad at the consulate.

The consul general invited the PCDMA delegation to visit Oman, explore the petrochemical sector along with other industries and hold business-to-business meetings with Omani traders, which would be organised by the consulate.

He also announced visa facilitation by the consulate based on PCDMA recommendations and emphasised the importance of promoting trade and strengthening economic relations.

PCDMA Chairman Salim Valimuhammad gave a detailed briefing to the Omani envoy about the chemicals and dyes sector as well as discussed the available opportunities in Oman, related particularly to the import of industrial raw material. He also highlighted the potential of business-to-business meetings, contacts and trade opportunities with Omani traders. He welcomed the invitation for the delegation's visit and stated that the exchange of delegations between the two countries would promote mutual trade and expand business connections, helping Pakistan and Oman meet each other's trade needs.

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