MUSCAT : Oman’s national investment gateway, Invest Oman, secured 46 projects worth about RO 3.09 billion between March 2023 and August 2026, as the sultanate stepped up efforts to attract investment and diversify its economy, the Ministry of Commerce, Industry and Investment Promotion said.

The projects span manufacturing, food security, healthcare, renewable energy and logistics, reflecting a push to develop industries that generate greater economic value under the Oman Vision 2040 development plan.

Over the same period, Invest Oman recorded 96 investment proposals and expressions of interest worth about RO 5.79 billion. Its active project portfolio comprised 56 projects valued at approximately RO 5.05 billion, according to figures reported by the Oman News Agency.

The figures represent different stages of the investment process, from initial investor interest to projects secured. They do not indicate that all proposed investment has been spent or that all projects are operational.

Manufacturing accounted for 15 of the 46 secured projects, followed by food security with 13. Healthcare and logistics accounted for four projects each, while education, renewable energy, and oil and gas had two each. Tourism, mining, information technology and aviation accounted for one project apiece.

Her Excellency Ibtisam bint Ahmed Al Farooji, the ministry’s undersecretary for investment promotion, said the results reflected a more mature approach to attracting investment, with an emphasis on project quality, economic impact and long-term partnerships.

Invest Oman has evolved from a promotional platform into an integrated government gateway that coordinates strategic investments from initial enquiries through assessment, negotiation, implementation and expansion, she told ONA.

The approach brings government bodies and private-sector partners into a single framework, helping investors navigate procedures and providing a unified channel for regional and international engagement, she said.

Efforts have focused on improving the business environment, simplifying procedures, reducing administrative complexity and strengthening transparency. A multilingual website and digital platform allow investors to track procedures, while aftercare services support projects beyond their initial establishment.

Between 2024 and 2026, the ministry, through Invest Oman, targeted about 350 companies and conducted more than 15 investment missions across seven sectors. Its investor-targeting team referred 16 projects worth about RO 2.9 billion to the operations and negotiation team, Al Farooji said.

She put the value of projects secured by the national negotiation team at approximately RO 2.7 billion.

These included the RO 520 million United Solar polysilicon project in 2023. In 2024, the team secured projects worth RO 286 million, comprising a RO 69 million green ferroalloys project and the RO 217 million Orion Solar project.

Projects secured in 2025 were valued at about RO 1.5 billion, led by Vulcan Green Steel’s RO 896 million development. Other investments included a RO 368 million anode production project, a RO 189 million GFCL project and a RO 78 million Sahara solar energy project.

Nasser bin Khalifa Al Kindi, chief executive of Invest Oman, said 11 projects worth RO 503 million had been secured during the reported period of 2026.

They included a RO 171 million project to manufacture silicon-carbon anode materials and a RO 154 million mining project, he told ONA.

Al Kindi said coordination between Invest Oman, government agencies and strategic partners had helped address investor requirements and strengthen the country’s business environment.

The gateway connects investors with relevant authorities and provides information on opportunities in priority sectors, helping accelerate investment decisions and related procedures, he said.

Investment promotion is focused on manufacturing, food security, logistics, healthcare and energy — sectors Oman is seeking to develop to strengthen domestic supply chains, increase local economic participation and attract technology.

The ministry said the broader objective was to turn investment opportunities into productive projects that support sustainable growth and reinforce Oman’s position as a regional investment destination.

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