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FINANCIAL NEWS
Oman to attract USD106bn worth of investments
28 Sep 2016
(MENAFN) Oman aimed investment through the Ninth-Five Year Plan, which is the final step of the country’s Vision 2020 economic diversification program at USD106.5b.The Public-Private Partnership is the most important factor that will affect the investment as it enables the Sultanate to draw in private investment for planned projects.In addition, 48 percent of the total investment will come from the government sector, while the remaining 52 percent will come from the private sector.Meanwhile, the average price of Oman Crude is estimated at USD45, USD55 and USD60 per barrel amid the first four years of the plan period.
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