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HomeInvestmentOman Achieves Major Investment Milestones under Vision 2040

Oman Achieves Major Investment Milestones under Vision 2040

Oman’s Ministry of Commerce, Industry, and Investment Promotion continues to achieve significant progress. According to the Oman Vision 2040 report for 2024-2025, these achievements confirm Oman’s position as a promising global investment destination. Moreover, they highlight the country’s commitment to economic diversification, sustainable growth, and promotional efforts that enhance Oman’s appeal to international investors.

The report shows that total foreign investments in the manufacturing sector reached OMR 2.489 billion by the end of 2024. This demonstrates strong investor confidence. In addition, it reflects the ministry’s efforts to create a competitive and diversified economy. Furthermore, these investments support the long-term development goals outlined in Vision 2040.

Meanwhile, the Ministry of Investment, International Cooperation, and Partnership facilitated 43 investment projects through the “Invest in Oman” platform by mid-2025. The total value of these projects exceeded OMR 2.251 billion. In addition, the ministry developed an investment opportunities map on the same platform. This provides investors with a clear overview of viable projects in key economic sectors, thereby enhancing transparency and planning efficiency.

Furthermore, it launched a unified promotional identity for Oman. These steps strengthen the legal and promotional framework, making it easier for investors to navigate the business environment. Meanwhile, the Rapid Response Team initiative addresses challenges in investment procedures and ensures smoother and faster business approvals.

The unified promotional identity reinforces Oman’s image as a fully integrated investment destination. At the same time, the ministry continues to attract high-quality investments. It also boosts the country’s global competitiveness and economic resilience.

Ultimately, these initiatives contribute directly to achieving the objectives outlined in Vision 2040. In conclusion, they support sustainable economic growth and highlight Oman as a top choice for international investors.