Muscat- The main committee of Ocean Economy and Future Technology Conference revealed the details of the upcoming the global event to be hosted by the Sultanate of Oman from February 11 to 13’ 2019.
To be held at the Oman Convention and Exhibition Center (OCEC), the international conference will be organized with the agenda of the International Forum on Science and Technology Diplomacy to be hosted by Oman at the same time. The 32- member state forum approaches the international cooperation in science and technology and optimizing ocean economy.
The conference aims at exploring the economic opportunities in oceans and seas, the role played by technology in enhancing the return of ocean economy to the global economy in general and the domestic economy in particular, specifying the most significant industries that support the future technologies within ocean economy, highlighting opportunities in Oman`s seas, and discussing a mechanism for international cooperation to further support the national capacities for building ocean economy.
The Sultanate is proud to hold the latest version of the prestigious event based on the merit of having a diverse marine environment which enables Oman to build sustainable manufacturing capacities based on future sciences and technology. Accordingly, the conference focuses on a number of themes, including; commercial fishing and aquaculture, shipping and logistics, production and storage of energy extracted from oceans` surface and deep ocean, and mining from oceans and seas` surface and deep sea mining.
The theme of the conference match the Sultanate`s existing plan for achieving economic diversification through transformative industries, tourism, transportation, logistics, fisheries and mining which are sectors where national efforts can be enhanced and supported within ocean economy framework.
The conference is accompanied by a number of events, including; industries and technology exhibition, a workshop on Science-Policy Interface (SPI), and a meeting for the Foreign Ministers Advisors for Science and Technology Network (FMASTN).
Targeting a variety of categories of interested and concerned persons with connection to the industries related to ocean economy among the policy makers, businessmen, academics, innovators and entrepreneurs, the conference is expected to attract a big turn out of more than 900 participants. It will also provide an international business platform for discussing the economic cooperation in the industries related to ocean economy and future technology and exploring the investment opportunities in Oman`s open water and benefiting from the international experiences in drafting policies and regulations to safeguard sustainability of oceans and seas.
The Ministry of Foreign Affairs is organizing this conference in cooperation with the Ministry of Agriculture and Fisheries, the Ministry of Transport and Communications, the Ministry of Environment and Climate Affairs, the Ministry of Information, the Supreme Council of Planning, the Implementation Support and Follow-up Unit (Tanfeed), Duqm Special Economic Zone Authority, the State General Reserve Fund, the Research Council, the Public Authority for Electricity and Water, Oman Chamber of Commerce and Industry, Oman Global Logistics Group “ASYAD” and Oman Environmental Services Holding Company “Be’ah”.
Seas and oceans are the sustainable economic prospect for the future of many countries because they carry numerous elements to stimulate economic growth, employ the competencies of the national workforce, and spread and localize science, innovation and technology. Moreover, the seas and oceans are vast and renewable sources of food, medicine, energy and innovative industries with added value to the economy, society and the environment.
It is worth mentioning that economic related studies indicate that ocean-based economic activities reached 1.5 trillion US dollars in 2010, which offers more than 31 million jobs worldwide (OECD, 2016; European Union, 2017; UN EcoSoc, 2018). The same studies predict that these numbers will increase to more than the double due to scientific and technological advancement in 2030.