Muscat: Investment flows reached RO 3.716 billion during the period, according to preliminary data released by the National Centre for Statistics and Information.
The oil and gas extraction sector accounted for a significant 79.1% of total FDI, with investments amounting to RO 21.112 billion and cash flows totaling RO 3.440 billion. This dominance underscores the sector’s pivotal role in attracting foreign capital.
The manufacturing sector secured RO 2.137 billion in investments, representing 8% of total FDI, with flows of RO 730.3 million. Financial brokerage attracted RO 1.364 billion, or 5.1%, followed by real estate and commercial projects at RO 969.1 million (3.6%).
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Other sectors like transportation, storage, and communications received RO 379.5 million, while electricity and water saw RO 323.2 million in FDI, representing 1.2%. Meanwhile, trade, hotels and restaurants, and construction accounted for smaller shares, emphasizing the need for continued diversification.
The United Kingdom emerged as the largest foreign investor, contributing 51.2% of the total FDI, valued at RO 13.665 billion. The United States followed with RO 5.253 billion, while the UAE, Kuwait, and China rounded out the top five with RO 836.5 million, RO 833.5 million, and RO 817.8 million, respectively.
