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The 7th International Exhibition for Design & Build

23 - 25 October 2017

Oman Convention & Exhibition Centre,

Muscat, Sultanate of Oman

About Oman

Basic Facts

 

Official Name

Capital

Head of State

Land Area

Currency

Local Time

Official Language

Religion

 

: Sultanate of Oman

: Muscat

: His Majesty Sultan Qaboos bin Said

: 309,500 sq. km.

: Omani Rial (equivalent to 2.58 USD)

: GMT + 4 hours

: Arabic (English commonly used)

: Islam

 

The Sultanate of Oman is the third largest country in the Arabian peninsula. It can be found between the United Arab Emirates and Yemen, and it is bordered in the west by the Kingdom of Saudi Arabia.

 

Sultanate of Oman is continuing its steady march to progress with the implementation of various development projects throughout the country. Currently under construction are multi-million-dollar tourism projects and  large-scale industrial projects, including the following:

 

Name of Project

Project Cost (USD)

The Blue City (Al Madina A’Zarqa)

20.0 billion

Mirbat Beach Project

2.5 billion

The Wave, Muscat

2.4 billion

Salam Yiti Project

2.0 billion

Barka Resort

1.1 billion

Tilal Al Khuwair

1.0 billion

Qaryat Qurum

1.0 billion

Salalah Beach/Jebel Sifa Project

850 million

Khasab Resort

780 million

Oman’s ninth five-year plan, covering 2016 to 2020, is the final component of “Vision 2020” — the government’s long term development strategy for 1996 to 2020. Vision 2020 focuses on sustainable development of the Omani economy with particular emphasis on social and regional development and economic diversification.

 

Malaysia’s model of economic diversification will be the blueprint for Oman, after His Majesty Sultan Qaboos bin Said approved the Sultanate’s latest non-oil based growth plan. Oman’s National Programme for Enhancing Economic Diversification has received Royal approval and stems from His Majesty Sultan Qaboos bin Said’s interest in addressing the issue and his directives to diversify the economy, as confirmed by Talal Sulaiman Al Rahbi, Deputy Secretary General of the Supreme Council for Planning.

 

The plan will focus on the key sectors already selected as priorities in the economic diversification strategy, namely tourism, manufacturing, and logistics, as well as two fundamental cross-cutting areas – finance, and the labour market and employment. A second stage of the programme will cover fisheries and mining sectors.

 

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