CONNECT, ENGAGE, TRADE, INNOVATE, INSPIRE
The Asia Food Forum plays a pivotal and facilitator role in the gigantic food industry of the region, which holds significant economic development prospects. With an estimated annual expenditure of around trillions of USD on food and beverages, this market is set to rapidly expand due to the growing populations and incomes in Asia. As the importance of food trade across the world continues to rise, the Asia Food Forum has been established to facilitate and enhance this trade among Asian countries. By fostering better collaboration and coordination between various entities, institutions, and nations, the forum aims to propel the growth of the food industry. Acting as a unifying platform, it brings together all sectors of the food industry under one roof through its five comprehensive services.
Asia Food Hub, powered by Asia Food Forum, is a groundbreaking initiative designed to establish a comprehensive wholesale market, primarily focused on facilitating trade in the food industry and agriculture sectors. The primary hub will be strategically located in Oman, serving as the central point for international traders, manufacturers, and buyers. As the project evolves, satellite hubs will be established in various Asian countries, such as CIS, GCC and other countries.
Oman, with its strategic location, robust infrastructure, and supportive business environment, emerges as the ideal host for the Asia Food Hub project. In this section, we delve into the compelling reasons why Oman stands out as the primary location for establishing the Asia Food Hub.
Situated at the crossroads of Asia, Africa, and Europe, Oman offers unparalleled geographical advantages for facilitating international trade. Its proximity to key global markets enhances accessibility and fosters seamless trade connections.
Oman boasts modern infrastructure, including state-of-the-art ports, airports, and logistics facilities, ensuring efficient transportation and distribution networks for food and agricultural products. The well-developed infrastructure streamlines the movement of goods, reducing transit times and costs.
Oman's pro-business policies, stable political environment, and investor-friendly regulations create an attractive ecosystem for foreign investment and business operations. The government's commitment to economic diversification and trade facilitation further reinforces Oman's appeal as a strategic business hub.
The Sultanate of Oman has invested significantly in enhancing its logistics infrastructure, positioning itself as a regional logistics hub. The presence of world-class logistics parks, free trade zones, and multimodal transportation networks enhances connectivity and facilitates seamless trade flows.
Oman's participation in various international trade agreements and partnerships strengthens its position as a hub for global trade. Access to preferential trade agreements, such as the Gulf Cooperation Council (GCC) Free Trade Agreement, enhances market access and trade opportunities for businesses operating within the Asia Food Hub.
Oman offers a supportive ecosystem for business development, with dedicated support services, incentives for foreign investors, and streamlined procedures for business setup and operation. The availability of skilled workforce and business-friendly policies contribute to the ease of doing business in Oman.