With a value of more than OMR 1.5 billion (US$ 3.9 billion), Oman has announced a new batch of 36 investment opportunities in a number of sectors, including technology, services, food security, and health, while tourism and mining have received the peak attention. These opportunities are divided between partnerships with the Oman Investment Authority and the establishment of new companies in cooperation with the local or foreign private sector, with the aim of preparing the Sultanate's market for more investments, including the "Yeti" tourism project.
Foreign investment payments would also increase the production of goods and services, and stimulate agriculture, industry, and trade, creating a kind of abundance, which increases the volume of exports and leads to import substitution on the other hand, and thus positively affects the trade balance of the Sultanate.
Source (Al-Araby Al-Jadeed Newspaper, Edited)
