Oman unveils 13 national projects exceeding OMR3bn

The Oman Investment Authority (OIA) has announced 13 national projects valued at approximately OMR3.5bn.

The projects cover several key sectors, such as energy, food security, manufacturing, mining, health and tourism services, Times of Oman reported.

جهاز الاستثمار العُماني يعلن افتتاح ثلاثة عشر مشروعًا وطنيًّا عبر شركاته التابعة له بالتزامن مع احتفالات سلطنة عُمان بالعيد الوطني الحادي والخمسين المجيد، حيث تقترب القيمة الاستثمارية للمشروعات من ثلاثة مليارات وخمسمائة مليون ريال عماني#العمانية pic.twitter.com/XSjwYtHrqg

— وكالة الأنباء العمانية (@OmanNewsAgency) November 29, 2021

Nasser bin Sulaiman Al Harthi, acting vice chairman of OIA, said: “The projects add to the efforts aimed at diversification of the national economy, and will help to attract investments and to further enhancing participation of the private sector with the OIA.”

“The projects would create job opportunities for citizens and would achieve fiscal sustainability. These cover all governorates of the sultanate and give a vital indication that the national economy is recovering from Covid-19 pandemic and reaffirms the rapid growth witnessed in all fields.”

The projects included Liwa plastic industries complex at Port of Sohar, liquefied petroleum gas project in Salalah, petroleum coke project in Sohar Free Zone, Ibri solar power plant and Al Morooj Dairy project.

The Al Bashayer integrated project is for breeding cattle, sheep etc. with an in-house slaughterhouse and a factory for meat products and three units for food processing and packing, a fish farming project at Qaroun area in Jalan Bani Bu Hasan, Khazaen Land Port, the first-of-its-kind at Khazaen Economic City, a mining project in the Wilayat of Liwa, Oman International Hospital, Karwa Bus Factory in partnership between Oman and Qatar and Nasim Resort Project at Al Jabel Al Akhdar.