Oman’s government aims at attracting 80% of funding for developing major projects that will help diversify the economy, in a move to minimise state funding in view of dwindling oil revenue, according to officials at the Supreme Council of Planning. As many as 112 development projects in different sectors have been identified in the second phase of National Programme for Enhancing Economic Diversification, which is popularly known as Tanfeedh. Most of the presented projects at the Tanfeedh were related to tourism sector, while projects in logistics are expected to take a major chunk of funding. (Times of Oman)