Driving Oman’s
economic diversification
Building an economy with an unsustainable commodity was never the plan for Oman.
Despite being relatively diversified in comparison to its Middle Eastern neighbours, the Sultanate of Oman still relies heavily on oil & gas in its economy.
The Omani government made it a priority to unlock the economic diversification potential of the country’s non-oil sector.
Results
Participants came from
160
different organisations Unlocking private investment of OMR 16.3bn, aimed at creating about
30,000
jobs for Omani Nationals.
Initiatives were projected to increase GDP in the three economic sectors by
OMR1.7 billion
by 2020.
74 projects and initiatives
were developed.