Covering some 309,000 sq km and home to landscapes as varied as rugged mountains, long coastlines, rocky deserts, fertile oases and land watered by monsoon rains, Oman is a large and diverse country. Its 4.3m inhabitants also hail from a number of different ethnic and linguistic groups, tribes and nations, with this variety also evident in the...
In addition to the three major port and free zone complexes at Sohar, Duqm and Salalah, a handful of industrial estates and zones are also operating around the sultanate. Aimed at diversifying industry and boosting incomes in governorates beyond the capital regions, these facilities also face some of the same challenges as the larger zones....
For over two decades Oman’s industrial sector has been a key plank in the government’s economic diversification strategy. During that time efforts have been focused on improving the physical and regulatory infrastructure necessary to attract investment and secure growth, and the results at flagship estates such as Rusayl and Sohar have been...
In common with many of its regional peers, Oman’s current economic strategy is focused on achieving high-value-added growth, characterised by capital-intensive production methods, advanced technology, and scientific research and development. Yet rather than increasing capital intensity, recent IMF statistics appear to show that the economies...
With a growing population and an economic development plan focused on industrial expansion, Oman’s utilities sector is looking to keep pace with rising demand. Fortunately, as far as the country’s power sector is concerned, market reforms stretching back almost two decades ensure that it is among the most competitive in the GCC, well capable...
As Oman ramps up oil production and strives to reduce raw exports and bolster its downstream hydrocarbons sector, the petrochemicals industry is poised for strong expansion in the coming years. The government is pouring billions of dollars into the sector in an effort to industrialise the economy, improve value addition and create jobs, with a host of new projects in...
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