Oman means business... literally

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Nearly every city, town and hamlet in the United States has an Economic Development Council (EDC) of some sort. The municipality operates some. Some are an offshoot of their local Chamber of Commerce. A few are free-standing entities.

All of the EDCs trumpet why businesses should come to their community. It’s safe. It has good schools. It offers low taxes. Fill in the blank with the reasons, some more compelling than others. Nearly none of the EDCs are successful, however, because while they are busy patting themselves on the back for what an impressive community they have, they have no idea how to differentiate themselves from every other city throughout the United States.

Then there is Oman. Call them the Greenville of the international world. They have something solid to offer, and they are executing a plan to successfully get the word out to those looking for a wise long-term investment opportunity. In short, Oman is safe, stable, has an amazing infrastructure in place, a well-educated population and provides a very business-friendly environment.

The nation has staggering oil and natural gas reserves, but Oman’s effort to diversify its economy is paying big dividends. Whether it is rare earth minerals, real estate development , tourism or the best-positioned ports on the globe, Oman is doing it.

 

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