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MoCIIP, Madayn sign agreement to facilitate investment
By: ONA
Muscat: To facilitate investment related procedures, licences and approvals for the investors and business owners through Madayn’s Masar Service Centres in the various industrial cities, an agreement was signed by the Ministry of Commerce, Industry and Investment Promotion (MoCIIP) with the Public Establishment for Industrial Estates (Madayn) on Tuesday.
The agreement was signed by Dr. Saleh Said Masan, Commerce and Industry Undersecretary and Hilal Hamad Al-Hasani, Chief Executive Officer of Madayn.
Commenting on the agreement, Ibtisam Ahmed Al-Farooji, Director General of Investor Services at Madayn, stated that this agreement comes along the lines of the efforts undertaken by the two bodies to attract and localise investments, simplify investment procedures, strengthen cooperation in common competences, and consequently contribute to achieving comprehensive and sustainable economic and social development in coord
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