Oman’s Digital Reforms: How Streamlined Investment Processes Boost Business Opportunities for Investors and Entrepreneurs
MUSCAT: The Sultanate of Oman is reinforcing its status as a key regional investment hub by upgrading infrastructure, simplifying regulatory frameworks, and expanding digital services across vital sectors.
In recent years, the government has made substantial investments in ports, free zones, logistics, and road networks, alongside introducing new legislation to support public-private partnerships and business reforms. These measures aim to attract greater foreign direct investment and enhance the overall ease of doing business within the country.
Procedures for real estate registration and building permits have been streamlined and accelerated through advanced digital systems that reduce paperwork and shorten processing times. Municipalities, including Muscat Municipality, now manage permits electronically, aligning Oman’s standards with international benchmarks for ease of business.
Noteworthy advancements have been achieved in the energy and electricity sectors, including the launch of modern prepaid systems and the implementation of precise power delivery schedules for new developments. Additionally, the deployment of 5G networks and the strengthening of digital infrastructure have significantly enhanced Oman’s global competitiveness, supported by the country’s stability, security, and high quality of life.
One of the most transformative initiatives is the Unified Municipal System, which consolidates over 300 municipal procedures and 93 electronic services into a single platform. Leveraging artificial intelligence and smart city technologies, this system aims to improve efficiency, streamline processes, and elevate the investor experience.
The “Amlak” platform marks another critical development, providing over 140 services related to urban planning, real estate, and housing. Projects are now environmentally classified to ensure adherence to sustainability standards via environmental impact assessments or commitment forms.
Dr. Yousef bin Hamad al Balushi, founder of the Smart Investment Gateway, emphasized that while Oman’s business environment is evolving rapidly, continuous reform and a cultural shift in service delivery are essential to maintain momentum. He stressed the importance of training and changing mindsets among government officials and investors.
Similarly, Dr. Abdul Salam Faraj Yahya of the Oman Chamber of Commerce and Industry (OCCI) highlighted that legislative reforms—such as the Foreign Direct Investment Law, PPP Law, and Bankruptcy Law—have established a more secure and appealing environment for investors. He also commended national programs like the Fiscal Balance Plan and the Nazdar Programme for bolstering economic resilience.
Yahya added that the OCCI actively supports private sector growth through strategic initiatives, including the formation of business councils and specialized centers like the Commercial Arbitration Centre and the Entrepreneurship and Franchise Centre. These collective efforts have contributed to GDP growth, enhanced credit ratings, reduced the fiscal deficit, and expanded employment opportunities for Omanis. — ONA
Special Analysis by Omanet | Navigate Oman’s Market
Oman’s strategic investment in infrastructure, digital transformation, and regulatory reforms positions the country as an increasingly attractive hub for foreign investment. Businesses should capitalize on enhanced ease of doing business and emerging smart city initiatives, while investors must consider opportunities in sectors benefiting from digitalization and sustainable development. However, maintaining momentum requires continued commitment to service culture improvements and legislative evolution to sustain long-term growth and investor confidence.
