Kuwaiti panel visits Rusayl Industrial Estate

(MENAFN- Muscat Daily) With the aim of getting acquainted with the investment climate in the sultanate and strengthening cooperation between Oman and Kuwait in various fields a delegation from Kuwait's Public Authority for Industry on Tuesday visited the Rusayl Industrial Estate which is affiliated to the Public Establishment for Industrial Estates (PEIE).

The delegation was briefed on PEIE which was established in 1993 and today manages a line-up of industrial estates comprising Rusayl Sohar Raysut Nizwa Sur Buraimi Samail in addition to the Knowledge Oasis Muscat (KOM) Al Mazunah Free Zone and Ibri Logistics Area.

The officials highlighted 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 a press release said.

They also familiarised themselves with the objectives of PEIE which include attracting foreign investments to the sultanate and localising national capital; contributing to stimulating the private sector to achieve sustainable economic and social development; developing employee skills and performance through a set of training programmes; and contributing to creating new job opportunities.

The delegates visited Areej Vegetable Oils and Derivatives which is based in the Rusayl Industrial Estate. Areej Vegetable is a public limited company manufacturing and marketing top quality cooking oils ghee margarines speciality fats and butter products.