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English news

13-Mar-2017

Oman eyes OMR17bn investments in three sectors

Oman’s government is targeting investment inflows totalling in excess of OMR17bn into three key economic sectors — manufacturing, tourism and logistics — over the next 4 – 5 years, according to a high-ranking official of the Supreme Council for Planning. Talal al Rahbi, Deputy Secretary General, said the three sectors are at the heart of a strategic initiative spearheaded by the National Programme for Enhancing Economic Diversification (Tanfeedh) to accelerate economic development through the pursuit of promising non-hydrocarbon activities. 

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