Muscat - Foreign direct investment (FDI) inflows to the Sultanate of Oman have increased by more than 17.6 percent over the past five years, bringing the cumulative value of FDI to RO26.677 billion until the third quarter of 2024.
This rapid growth reflects the Sultanate of Oman’s success in strengthening its position as a global investment hub, supported by strategic initiatives, a stimulating investment environment, and advanced infrastructure.
Qais bin Mohammed al Yousef, Minister of Commerce, Industry and Investment Promotion (MOCIP), stressed that the high directives related to developing the investment environment constituted a strong incentive to build a promising economic future, supported by clear and integrated strategies, explaining that the positive indicators for the investment sector indicate the success of these policies and initiatives adopted by the Sultanate of Oman in providing an integrated climate to attract investment projects.
The National Centre for Statistics and Information (NCSI) indicated that the United Kingdom ranked first among the countries investing in the Sultanate of Oman until the third quarter of 2024, with RO13.66 billion, followed by the United States with investments of RO5.25 billion, the United Arab Emirates with RO836.5 million, the State of Kuwait with RO833.5 million, the People's Republic of China with RO817.8 million, and Switzerland with RO551.9 million.
The volume of Qatari investments in the Sultanate of Oman at the end of the third quarter of last year was RO488.3 million, and RO375.7 million from the Kingdom of Bahrain, while the volume of investments coming from the Kingdom of the Netherlands and the Republic of India amounted to about RO359.1 million, and RO286.1 million, respectively.
The activity of the manufacturing sector achieved an investment value of RO2.13 billion in foreign direct investment, financial brokerage with a value of RO1.36 billion, and then real estate activities with a value of RO1.969 billion.
The Ministry of Commerce, Industry and Investment Promotion has governed investment opportunities within the “Invest in Oman” platform, indicating that 20 investment opportunities have been published in the sectors of tourism, real estate development, aviation, logistics and industry, and lands have been allocated for industrial investment opportunities (manufacturing sector) in cooperation with the Public Establishment for Industrial Estates “Madayn”, as investors have expressed their interest in investing in lands in the industrial cities in Rusayl, Sohar and Samayil.
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