Upgrades to the transportation infrastructure continue to drive sector expansion. Between 2011 and 2015, the government plans to invest some $10.7bn on infrastructure projects alone, with state spending on affordable housing also set to provide opportunities for contractors. Sector growth was expected to reach 5.5% in 2013, bringing total industry value to $4.3bn.
This chapter contains an...
Oman Construction
Displaying 13 - 15 of 15
Chapter | Construction from The Report: Oman 2014
At the base of the Arabian Peninsula, occupying a landmass slightly larger than Italy, Oman is the largest country in the GCC after Saudi Arabia. In recent years, the non-OPEC oil exporter’s economy has been undergoing a steady transformation, reorienting from oil toward a more diverse set of service and industry-based economic activities. So far, progress has been promising. In 2011 oil and gas accounted for 38.8% GDP.
Chapter | Construction from The Report: Oman 2013
A range of construction projects lies at the heart of Oman’s growing economic development. The construction sector contributed more than OR307m ($800m) to the economy during the first quarter of 2012, showing growth of almost 4% when compared to the same period in 2011. While many projects in Muscat are focused on increasing the city’s tourism appeal, construction related to industrial and...
Page 3 of 3