Muscat – In his address, His Excellency welcomed 83 CEOs from 30 countries, many of whom were visiting Oman for the first time. “It is a great pleasure to welcome you to the first Advantage Oman Forum,” he said, noting that Oman’s economic fundamentals and investor-friendly climate make it an ideal destination for international investment.
The Minister highlighted several key economic indicators
“Oman’s economic growth is projected to exceed the global average in 2025, with GDP expected to grow by 3.4%,” the Minister said. He also pointed to Oman’s growing global investor confidence, with Foreign Direct Investment increasing by 18% year-on-year over the past five years. He added that Oman is on track to become the 6th largest hydrogen producer in the world by 2030, positioning the Sultanate as a leader in the global green energy transition.
S&P Global recently upgraded Oman’s sovereign credit rating to BBB- with a stable outlook, underscoring the country’s fiscal resilience and reform momentum.
The Forum is highlighting five key sectors that represent the future of Oman’s economy and are considered golden opportunities for smart and sustainable global investment.
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- The Logistics Sector: Exploring investment opportunities in modern logistics infrastructure and strengthening Oman’s position as a global transit hub connecting East and West through smart ports and advanced free zones.
- Luxury Tourism: Investment opportunities in the world of high-end hospitality, where luxury meets heritage, ranging from unique eco-resorts to culturally rich journeys tailored for the global elite.
- Manufacturing and Mining Industries: Highlighting opportunities for localizing manufacturing and Investing in the promising mining sector, while strengthening value chains and high-quality local production.
- Food Security: Discussions on enhancing food security through modern agricultural technologies, partnerships in food manufacturing, and smart supply chains.
- Renewable Energy: Exploring future projects in solar and wind energy, and positioning Oman as a regional hub for clean energy and green hydrogen.
