Thursday, 14 Nov 2019 | 17 Rabi Al Awwal 1441
Chinese officials look at boosting economic ties

Chinese officials look at boosting economic ties

This was highlighted in statement released by the Public Authority for Investment Promotion and Export Development (Ithraa). The discussions have been held among a delegation led by Nasima bint Yahya al Balushi, director common, Ithraa, and a quantity of Chinese officials in Yunnan Province in the south-west of China, renowned for agriculture, mining and tourism. Yang Mu, deputy director common, Foreign Affairs Office of the Government of Yunnan Province, stated the provincial government is prepared to invest in a quantity of sectors in the sultanate, such as infrastructure, tourism, power, logistics, minerals, waste management and cooperation in the cultural field.

“The province plans to organise a visit to the sultanate in the second half of this year with a trade and investment delegation specialised in a number of economic sectors, especially infrastructure, tourism, energy, logistics, waste management and minerals,” added Yang. Yang visited the sultanate final April and met a quantity of government agencies, such as Ithraa, Special Economic Zone Authority in Duqm (SEZAD), Ministry of Commerce and Industry, Ministry of Finance, the State General Reserve Fund and the Central Bank of Oman.

During her meeting with Ithraa delegation in Kunming, capital of Yunnan Province, Yang expressed her admiration for the sultanate and its development.

She stated there are several possibilities and fields to improve cooperation and encourage joint investments.

She stressed that following her return from Muscat, she suggested putting the sultanate inside the radar of Chinese investors in Yunnan province.

Information Source: Muscat Daily

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