The sultanate’s economy continues to enjoy the benefits of petroleum wealth, which has provided budget surpluses in most years and served as a backbone for growth. However, planning is well under way for an era in which oil will not be the main economic driver, with the twin goals of diversification and creating an increased number of private sector jobs at the top of the government’s current agenda.
A long-standing pillar of the economy, the fishing and farming sector remains one of the sultanate’s major employers. To keep up with changing times, however, Oman is now allocating significant resources to modernise the sector, focusing on agro-business, aquaculture and marine infrastructure, which will require innovation and the development of...
In a bid to anchor and expand the success of agro-exports along Peru’s coastal land, national and regional authorities have initiated work on a range of vast irrigation projects. However, while commercial farmers are eager to tap into the country’s thriving agro-exports business, auctions of irrigated land have elicited varying levels of...
Ever since the heyday of the Inca Empire, agriculture has played a central role in Peru’s economic structure. Home to the origins of irrigated farmland and more than 7000 domesticated species of fruits and vegetables, including several thousand types of potatoes, an innovative agricultural approach has brought regional and international fame....
Stay updated on how some of the world’s most promising markets are being affected by the Covid-19 pandemic, and what actions governments and private businesses are taking to mitigate challenges and ensure their long-term growth story continues.
Register now and also receive a complimentary 2-month licence to the OBG Research Terminal.
Register Here×