MUSCAT : Preliminary statistics issued by the National Centre for Statistics and Information indicate that the oil and gas extraction sector continued to dominate FDI, accounting for 80.7 percent of total foreign direct investment, with a total value of RO 24.427 billion and with cash flows amounting to RO 3.576 billion.

The manufacturing sector ranked second, attracting RO 2.701 billion, with inflows of RO 300.5 million. In third place was the financial brokerage sector, with total FDI of RO 1.353 billion, and inflows amounting to RO 6.5 million.

The real estate, rental, and commercial activities sector recorded investments worth RO 580 million, with inflows amounting to RO 429.9 million.

As for the transportation, storage and communications sector, the total FDI reached RO 353.5 million, and the inflows amounted to RO 37.6 million.

While the electricity and water sector recorded investments worth RO 288.1 million, with a decrease in flows recording RO 5.4 million, the value of investments in the trade sector reached RO 278.3 million, with an increase in flows amounting to RO 25 million.

The value of investments in the hotels and restaurants sector reached RO 111.3 million, with a decrease in flows of RO 2.7 million. The value of investments in the construction sector reached RO 98.8 million, with an increase in flows recording RO 7.8 million. As for other activities, the investments amounted to RO 88.5 million, with a decrease in flows recording RO 5.8 million.

The United Kingdom remained the largest source of foreign investment, accounting for 51.9 percent of total FDI, valued at RO 15.728 billion. It was followed by United States (RO 8.095 billion), Kuwait (RO 1.362 billion), China (RO 854 million), Qatar (RO 696.4 million), United Arab Emirates (RO 613.8 million), Netherlands (RO 522.2 million), Bahrain (RO 496.5 million), Switzerland (RO 306.6 million) and India (RO 268.4 million). Investments from other countries collectively amounted to RO 1.336 billion.

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