Bold plans to improve food security and production in Oman are being driven by investment in agriculture, horticulture, aquaculture and sea fishing as the country looks for sustainable solutions that will enable it to support a growing population. The sultanate’s long coastline and diverse landscapes support a rich variety of fish, livestock,...
How much potential is there for the public-private partnership (PPP) funding model to boost major development projects in Oman?
With a multi-billion-dollar pipeline of public sector contracts and significant private sector developments planned for the remainder of the decade, the construction sector remains a highly significant and growing sector of the Omani economy. In the face of substantial headwinds driven by lower oil prices since the middle of 2014, the...
The development of a new cement plant at the Duqm Special Economic Zone (SEZ) marks a new chapter in Oman’s cement industry, as two rival domestic companies form a joint venture to target new markets. The two firms made announcements about the deal in mid-August 2016 via statements to the Muscat Securities Market. Oman Cement, which is based...
The aims of Oman’s latest five-year plan are being realised, as new developments spring up with a focus on the sectors with the most growth potential. Input from both public and private developers is spurring work on major projects catering to the transport and logistics, tourism, manufacturing, fisheries and mining sectors, while new...
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