Muscat: The Ministry of Energy and Minerals organized the Omani-Canadian Business Forum in the minerals sector today in Muscat. The event aims to strengthen cooperation and partnerships between the Sultanate of Oman and Canada and to review promising investment opportunities within the sector.
According to Oman News Agency, Mohsin Hamad Al Hadhrami, Undersecretary of the Ministry of Energy and Minerals, emphasized that the forum serves as a vital platform for enhancing bilateral partnerships between Oman and Canada in the minerals sector. He noted that it supports the establishment of long-term strategic partnerships, while empowering the private sector and facilitating the transfer of knowledge, technology, and expertise between the two sides.
In his speech, he added that the forum contributes to aligning investments with sustainability requirements to maximize added value. It also provides direct communication channels between decision-makers and investors to support integration and achieve effective investment initiatives. He stressed the importance of transforming these efforts into practical projects that contribute to the sector's development and promote sustainable development goals.
For his part, Eng. Saud Al Mahrouqi, Director General of Minerals at the Ministry of Energy and Minerals, indicated that the forum reflects the Ministry's keenness to attract qualitative investments and maximize the added value of mineral resources. He explained that the forum constitutes a platform to enhance long-term cooperation with Canadian mining establishments, linking strategic visions with practical investment opportunities while strengthening the sector's role in supporting the national economy.
The forum included introductory and technical presentations that reviewed the Sultanate of Oman's strategic vision for the minerals sector, key priority projects, geological data, and available investment opportunities.
On the sidelines of the forum, joint discussion sessions were held between representatives of the public and private sectors from both sides. These sessions addressed regulatory frameworks, the business environment, investment incentives, and logistical support, as well as ways to develop mineral value chains and enhance industrial partnerships.
The forum also featured sessions dedicated to networking and partnership building, allowing investors and decision-makers to exchange insights and discuss opportunities for practical cooperation to support the transformation of proposed opportunities into executable projects in the minerals sector.
The participating Canadian delegation conducted a field visit to the copper quarry and processing unit of Al Hadeetha Resources in the Al Washihi area, where they were briefed on operational processes and the value chains associated with production.