How can the ministry make the private sector more attractive for Omanis and encourage them to actively seek jobs in the sector?
Oman Construction
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Interviews & Viewpoints | Abdullah bin Nasser bin Abdullah Al Bakri, Minister of Manpower: Interview from The Report: Oman 2016
Articles & Analysis | Major public construction projects will drive sector expanion in Oman from The Report: Oman 2016
With a wave of major public projects being implemented in sectors including energy, manufacturing, transportation and utilities, Oman’s construction industry is growing strongly. Demand also comes from the private real estate sector, where developers are delivering projects in thriving segments from grade-A office buildings to shopping malls...
Interviews & Viewpoints | Fawzi Al Harrassy, Executive Director, Teejan Group: Interview from The Report: Oman 2016
How can the private sector play a larger role in driving economic growth and development?
Chapter | Construction from The Report: Oman 2016
Oman’s construction sector was worth an estimated $5.2bn in 2014, up from $4.9bn in 2013, and forecasts show that it will continue to grow rapidly, to $5.6bn in 2015 and $6.0bn in 2016. Although the drop in oil prices will likely curtail public spending in the sector if prices remain depressed, this has certainly not been the case so far. Indeed, the total value of projects planned and under...
Oman’s long history of political stability coupled with its favorable international trade agreements and special economic zones has ensured strong growth in economic output and exports in recent years. The fall in global prices is undoubtedly a concern for the sultanate, but the sustained focus on diversification schemes, as well as the country’s ongoing spending commitments on big-ticket projects should ensure steady growth moving forward.
Articles & Analysis | Focusing on human resources and local training from The Report: Oman 2015
Among the largest private sector employers in recent years, the Omani government is moving forward on national development projects aimed at expanding industrialisation, enhancing transport and diversifying the economy away from the hydrocarbons sector. This growth has not been without challenges, however, and the government has moved in recent years to introduce new...