INVESTMENT OPPORTUNITIES IN SPECIAL ECONOMIC ZONE, DUQM PORT, OMAN
Seminar on
Investment Opportunities in Special Economic Zone, Duqm Port, Oman
28th Sept 2017: Hotel Leela Palace, Chankayapuri, New Delhi
Dear Sir/Madam,
I have pleasure in inviting you to the seminar being co-organized by Duqm SEZ, ASSOCHAM and FICCI with the support of Ministry of External Affairs, Govt of India to promote Indian companies set up businesses in Duqm Port. Schedule of the seminar is as follows:
Day / Date : Thrusday, 28th September 2017
Venue : Hotel Leela Palace, Chankyapuri, New Delhi
The Sultanate of Oman is a strategic partner for India in the Gulf region and the government of Oman is very keen to have companies from India set up business in Duqm SEZ. The Government of Oman has giving highest priority to attract Indian companies in Special Economic Zones created in proximity to Ports of Salalah, Sohar and Duqm in the Eastern part of Oman. Around two dozen Indian companies have already invested in the zones adjacent to Salalah and Sohar ports.
The Zone offers an attractive package of investment incentives and tax cuts that aim at enhancing the business environment for the private sector and improve its competitive standing which includes:
- Easy and facilitated access to land based on long term leases and reduced rates.
- Removal of any restrictions on foreign ownership and minimum investment capital; waiver/reduction of corporate tax and customs duties.
- This is in addition to nationally applicable incentives such as the waiver of personal income tax, convertibility of currency, and the full repatriation of investment capital and profits.
We feel investments by Indian companies in Oman open up job opportunities for Indian professionals and workers, as Indian companies investing in Oman invariably prefer to employ Indians at various levels of management and operations. They also tend to import equipment and supplies from India.
Given your interest in the region, we take pleasure in inviting you to participate in this seminar. May I request you to please send in your confirmation to my colleague Mr. Anurag Sharma at E: anurag.sharma@assocham.com , T: 011-46550539, latest by Sept 25, 2017.
I look forward to your active participation in the seminar.
With regards
Deepti Pant (Ms.)
Additional Director- International Affairs
HEAD – AFRICA, ARAB, EAST ASIA, SAARC, BRICS & BIMSTEC
“REALISING POORNA SWARAJ THROUGH ENTREPRENEURSHIP” O
I am writing to invite you to the fourth seminar on “Realising Poorna Swaraj through Entrepreneurship” on 5th October 2017 from 6:00 – 8:00 PM at Seminar Hall 2, Kamaladevi Complex, India International Centre, Max Mueller Marg in New Delhi. The Registrations & Hi-Tea will be from 6:00-6:30 PM followed by the seminar.
This year, as we celebrate Gandhi Jayanti, the context of “Startup India” and “Make In India” emerge aptly to the foreground. How are we, as fellow citizens of this country, enabling complete economic freedom through self-reliance for those in India’s Tier II towns and rural areas? After all, 60% of India’s population resides in them.
Helping rural industries grow and develop, therefore, directly facilitates self-employment, resulting in more economic and industrial activity within rural areas. It also helps utilise locally available resources and labour more effectively. But due to limitations pertaining to land and seasonality, many agricultural outliers migrate to the closest towns and cities for a regular source of livelihood. India’s towns are, in turn, becoming stepping stones for budding entrepreneurs. In fact, they are abuzz with entrepreneurial activity.
But entrepreneurs of small-town- as well as rural enterprises face a few key problems in their ventures:
- Access to Finance: Working capital for raw materials, production trials, quality improvements, etc. is a major challenge. The entrepreneurs may exhaust their own monetary resources at an early stage and may not know which source to tap for further funds, and how to use them judicially.
- Policy Changes: Changing policies also pose a challenge for rural and small-town entrepreneurs as they often come to know about new developments later than their urban compatriots or information about compliance is not easily accessible.
- Education and Cultural Preparedness: In addition, marketing, management (legalities, procurement, etc.), and human resource issues (low skill levels of labour, retaining good talent, and unfavourable opinion about entrepreneurship).
The fourth session of the Ananta-IEF Entrepreneurship series discusses how everyone – whether at the level of policy creation, among corporations, as torch-bearers of community creation, individual entrepreneurs, and media – can reignite this spark of self-reliance in India’s entrepreneurship ecosystem, and help achieve Bapu’s dream of Poorna Swaraj.
Invited panelists include experts from the entrepreneurship ecosystem in India.
We will be glad if you could join us or nominate your colleagues for this interactive seminar on 5thOctober 2017. We shall share the speaker bios and the agenda for the Seminar with you closer to the date after your confirmation.
Best Regards,
Ananta Aspen Centre
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