Oman’s Unified Investment System: What It Means for Investors and Business Growth
MUSCAT: The Sultanate of Oman is implementing a comprehensive reform of its investment attraction and management framework through the unified national model, “Invest in Oman.” This initiative consolidates efforts from both government and private sectors under a single umbrella to streamline services and boost high-quality investment inflows.
Ibtisam bint Ahmed al Faroojiyah, Under-Secretary of the Ministry of Commerce, Industry, and Investment Promotion for Investment Promotion, described this transition as a strategic move from fragmented procedures to a coordinated national system. Currently, more than 22 entities operate via a unified channel, significantly simplifying processes and enhancing service delivery for investors.
Al Faroojiyah explained that Invest in Oman operates as a fully integrated platform, incorporating a unified investor reception center, a specialized investor relations team guiding projects from inception to operation, and a national negotiation team tasked with securing high-quality contracts that safeguard national interests. The system also features an advanced digital investment map and a unified government network designed to fast-track priority projects.
She highlighted that this transformation has elevated Oman’s global investment profile and fostered a more competitive business environment. Over the past two years, foreign direct investment (FDI) surpassed $78 billion, representing growth of over 12%. Oman has risen to fourth place globally among top FDI destinations, reflecting strong international confidence in the country’s economic stability and regulatory reforms.
Key reforms contributing to these achievements include the establishment of the Investment Court, enhancements to the Golden Visa program, and deeper digital integration across government entities.
Looking ahead to 2026–2028, Oman aims to attract high-value companies in sectors such as green hydrogen, metals, advanced technologies, logistics, tourism, and food security. Priority will be given to projects that facilitate knowledge transfer, support the green economy, and create skilled, high-value jobs.
The next phase involves preparing ready-to-invest opportunities on the digital platform, complete with detailed project data to accelerate negotiations and contract finalization. Several major initiatives are already advancing under this model, including:
– A polysilicon production plant in Suhar, with investments exceeding RO 520 million and an annual capacity of 100,000 tonnes.
– The JA Solar facility in SOHAR Port and Freezone, dedicated to manufacturing solar cells and panels, with investments around RO 217 million and a production capacity exceeding 40 gigawatts per year.
– A battery manufacturing supply chain project in the Salalah Free Zone.
Al Faroojiyah emphasized that these projects exemplify the effectiveness of the Invest in Oman system in expediting negotiations, reducing bureaucratic hurdles, and turning opportunities into tangible investments.
She affirmed that Oman is confidently advancing its position as a competitive economic hub and a premier destination for quality investments aligned with Oman Vision 2040. — ONA
Special Analysis by Omanet | Navigate Oman’s Market
Oman’s unified "Invest in Oman" platform represents a strategic shift toward streamlined, efficient investment processes, significantly enhancing the country’s global attractiveness. For businesses, this means easier entry and faster project execution, while investors should focus on emerging sectors like green hydrogen, advanced technologies, and sustainable industries that align with Oman Vision 2040. Entrepreneurs who leverage this integrated system can capitalize on accelerated negotiations and reduced bureaucratic hurdles, positioning themselves at the forefront of Oman’s high-value economic transformation.
