thllH-IHIU An Empowered Private Sector Driving a National Economy that is Competitive and Aligned with the rGlobal Economy Promoting the values of competitiveness and set up the relevant arneworks in both the public and private sectors pave the way for an economic renaissance where equal opportunities are guaranteed among competitors to provide the best. This effective competition should he the criteria to gauge economic development and strengthen the resilience of economy towards regional and global changes. The business environment will be developed: the private sector will play a leading role and will he empowered to achieve balanced economic development so as to create a competitive and empowering environment for the private sector in order to develop free= socially responsible and eco iendly sectors. Financial deepening will be sought in the capital market and sustainable funding will be provided through innovative models to start productive enterprises, especially Elles. A competitive economy led by the private sector will make use of several advantages that the Sultanate enjoys= particularly the political and economic stability and the longterm investment of strategic relations. The strategic geographic location of the Sultanate is an excellent opportunity to develop and expand trade partnerships with other countries worldwide. Through this location, the Sultanate seeks to foster investment partnerships between the Dmani private sector and the international business conununity by attracting foreign direct investments of high quality to meet the new global demand and support the Sultanate in becoming an international trade hub. Those global partnerships will expand the production base of various sectors and increase the contribution of exports to the Sultanate=s GDP. The solid legislative amework governing privatisation and the availability of the infrastructure required for such partnerships especially between the public and private sectors will enhance efciency and productivity. They will equally increase the e'ective delivery ofrnodern and traditional public services at lower cost while keeping pace with international developments and optimising the use of technology in various servicebased sectors. Vision Document {213413 man vision) Tasks 1 a. Describe the risks and advantages for a multinational enterprise in investing in Dman's economy and identify potential barriers to investing in Dman's economy. b. Explain how potential international investors can achieve a better riskreturn tradeoff by investing in Dman's economy than investing solely in their local markets. LO. Be able to discuss the importance of foreign investment decisions. (15 marks} Task 2 a. Compare and contrast the advantages and disadvantages of using debt and equity finance by a multinational rm which is willing to invest in l:lman's economy. [lllmanlrsj