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Oman to open up new sectors as it targets $29bn investments

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Oman Investment Authority has achieved an annual average return of 10.3 percent

New investment opportunities will be offered in food security, health, culture and sports sectors by next month, the Oman Daily Observer reported.

The investment opportunities are part of the estimated OR 11 billion ($28.57 billion) in total investment, which is being offered to local and international players over the 2021-2025 period, said Aisha Al Saifi, vice president of the National Investment and Export Development Programme.

Investments of nearly OR 4.3 billion have been achieved so far, with another OR 6.7 billion to go before the end of 2025, she added.

A total of 175 projects are available for local and international investment across eight key sectors.

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