Overview: Expectations of Achieving Further Growth
The Omani economy has been growing at an accelerating pace in recent years, driven by increased oil revenues and improved governance of available resources in line with the strategies and targets of Oman Vision 2040. This vision is supported by the implementation of numerous national programs and unveiling of strategic projects, including the Sultan Haitham City, Al Khoud Front and Sports City, along with major projects across provinces. Additionally, initiatives such as the Oman-UAE railway project and regional electrical interconnections underline the government's commitment.
Furthermore, the government has approved a package of policies, including a social protection system, and achieved a series of national strategies in investment, industry, logistics, education, healthcare, carbon neutrality, and other sectors.
At Emkan International Evaluation and among all investors, both domestic and international, regulators, and specialists, we see the upcoming phase as pivotal for achieving transformative changes in the Omani economy. These changes aim to expand local production bases across all economic activities. Given that the "evaluation" sector is the first step in determining whether proposed investments are justified and the proper method for selecting among alternatives to chart the best course of action based on available tools, we have taken on the responsibility to develop strategic plans to expand and enhance this field. This is to align with the forthcoming stage, which promises significant real estate and investment advancements.
For more information on the future plans of Oman Vision 2040,