ANALYSIS: Oman Projects H2 2023

$2,000.00

There are currently more than $190bn worth of projects planned or under way in Oman, making it the third largest projects market in the GCC region and fifth largest in the MENA region.

Despite being one of the smaller markets in the GCC, Oman offers significant and consistent business and investment opportunities across construction, oil and gas, transport, power and water sectors. After growing by an estimated 4.3 percent in 2022, Oman’s GDP growth is anticipated to settle at 1.7 per cent in 2023 before rising to more than 5 per cent in 2024.

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